Leading Banks Work as Initial Purchasers for $750 million of Senior Notes Issued by HTA Group

June 25, 2020

London – Paul Hastings LLP, a leading global law firm, announced today that it has represented BofA Securities, J.P. Morgan, Standard Bank, ABSA, Barclays, Jefferies and Renaissance Capital as initial purchasers for $750 million of senior notes issued by HTA Group, Ltd (“HTA”), in connection with the refinancing of its existing senior notes and existing term loan. Paul Hastings has also assisted BofA Securities, J.P. Morgan and Standard Bank as arrangers on a $70 million revolving credit facility and Standard Bank as arranger on a $135 million term loan facility for HTA.

HTA is a wholly owned subsidiary of Helios Towers plc, a leading independent telecommunications tower infrastructure company with operations in Tanzania, the Democratic Republic of Congo, the Republic of Congo (Congo Brazzaville), Ghana and South Africa, whose shares are listed on the London Stock Exchange.

The Paul Hastings team in London was led by partners Peter Schwartz, Luke McDougall and Ed Holmes, with associates Carlos Ruiz, Andrew Lowndes, Riccardo Maggi Novaretti and Andro Atlaga assisting.