Covenant extension agreed with lending partners
Leading pan-African technology solutions group Liquid Intelligent Technologies, a business of Cassava Technologies, today announces the extension of Liquid’s net debt:EBITDA covenant threshold in respect of its ZAR term loan and RCF. Earlier this year we engaged with our lending partners on a pre-emptive basis due to the prospect of further exchange rate volatility in […]
Cassava Technologies pledges R4.5 billion in investment into the South African economy
Cassava Technologies has pledged a total of R4.5 billion in investment in South Africa through its business units – Liquid Intelligent Technologies, Africa Data Centres and Distributed Power Africa. The announcement was made during the fifth South Africa Investment Conference (SAIC) in support of SA President Cyril Ramaphosa’s initiative to drive investment into the country, […]
Liquid Intelligent Technologies Acquires Leading Cloud And Cyber Security Provider in Egypt, Boosting Its Portfolio in Africa and The Middle East
Liquid Intelligent Technologies today announces that it has acquired Cysiv MEA, a technology company that was formerly SecureMisr, headquartered in Cairo. The business specialises in providing enterprise cloud and cyber security services to some of Egypt’s leading companies, particularly in the financial services sector. The acquisition allows the London-based group with operations in Africa, UK, […]
Liquid Intelligent Technologies successful placing of US$840 million bond and term loan financing package
Liquid Telecommunications Financing PLC, part of the leading pan-African telecoms group Liquid Telecom, which is majority owned by Strive Masiyiwa’s Econet Global, supported by its Joint Global Bookrunners, has successfully arranged its bond and term loan financing package totalling a combined US$840 million equivalent to refinance the group’s existing debt and to support its growth […]
Liquid Intelligent Technologies to launch US$820 million bond and term loan financing package and concurrent tender offer relating to its US$730 million bond due 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE, SOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Liquid Intelligent Technologies Financing PLC, part of the leading pan-African telecoms group Liquid Intelligent Technologies, has today announced its […]
Liquid Intelligent Technologies Receives $180m Investment from CDC Group Plc
Partnership aligned to a common vision of expanding broadband connectivity and the adoption of cloud services across the African continent Liquid Intelligent Technologies has reached an agreement with CDC Group Plc, the UK’s development finance institution, to invest $180m with the company. This investment will enable Liquid Intelligent Technologies to expand its high-speed broadband connectivity […]
Liquid Intelligent Technologies successfully closed a US$180 million senior secured notes tap offering, attracting strong interest from leading international markets
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Liquid Intelligent Technologies Financing PLC (the “Issuer”), part of the leading pan-African telecoms group Liquid Intelligent Technologies (the “Group”), has successfully […]
Liquid Intelligent Technologies to launch US$180 million tap issue of its US$550 million 8½% Senior Secured Notes due 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE, SOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Liquid Intelligent Technologies Financing PLC, part of the leading pan-African telecoms group Liquid Intelligent Technologies, has today announced its […]
Liquid Intelligent Technologies successfully arranges US$700 million bond and term loan financing package
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Debut bond offering attracts strong interest from leading international markets Liquid Intelligent Technologies Financing PLC, part of the leading pan-African telecoms […]
Liquid Intelligent Technologies to launch US$700 million bond and term loan financing package
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, HONG KONG, SINGAPORE, SOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Additional funds will support the group’s long-term vision of a more connected Africa Liquid Intelligent Technologies Financing PLC, part […]
