Nigeria's IHS adds to long end in dual tranche refi
IHS, the Nigerian telecom towers group, hit screens on Wednesday for a dual tranche bond. It received strong demand and the leads were able to tighten the spread and add an extra $300m to the longer tranche.
The borrower printed $500m of long five year paper with a two year call and $800m of eight year non-call three notes.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com