$550 million of 7.875% Senior Notes due 2030 $650 million of 8.250% Senior Notes due 2031 IHS Holding Limited (NYSE:IHS) ("IHS Towers", and together with its subsidiaries, the "Group") announced today that it has successfully priced its offering of $550 million 7.875% Senior Notes due 2030 at a yield of 8.150% (the "2030 Notes") and $650 million 8.250% Senior Notes due 2031 at a yield of 8.500% (the "2031 Notes" and, together with the 2030 Notes, the "Notes"), in the case of the 2030 Notes, at an issue price of 98.800% and in the case of the 2031 Notes, at an issue price of 98.701%. Interest on the 2030 Notes will accrue from the Issue Date (as defined below) at a rate of 7.875% per a

IHS Holding Limited (NYSE:IHS), ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, rated B+ (Stable) by S&P and B+ (Stable) by Fitch, has mandated Citi, Goldman Sachs Bank Europe SE, Rand Merchant Bank and Standard Chartered Bank as Joint Global Coordinators and Joint Bookrunners to organize a Global Investor Call at 3:00pm UK time on Tuesday, November 12, 2024, along with a series of fixed income investor meetings. A potential dual-tranche 5.5NC2 and 7NC3 Reg S / 144A USD benchmark Senior Notes offering will follow, subject to market conditions. Together with the Joint Global Coordinators, J.

CONSOLIDATED HIGHLIGHTS – THIRD QUARTER 2024 Revenue of $420.3 million declined 3.5% compared to the second quarter of 2024 with continued growth in revenue from Colocation, Lease Amendments and New Sites partially offsetting the initial impact of the new financial terms in the renewed and extended contracts with MTN Nigeria signed during this quarter. Revenue decreased by 10.0% (or increased by 49.0% organically) year-on-year, with foreign exchange ("FX") resets and escalations, captured within organic growth, helping to mitigate the impact of the 52.0% devaluation of the Nigerian Naira ("NGN") Adjusted EBITDA of $246.0 million (58.5% Adjusted EBITDA Margin) increased 3.3% year-on-ye

IHS Holding Limited (the "Company") hereby announces that its financial results for the three month period ended September 30, 2024 (the "3Q24 Earnings Results") are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, November 12, 2024. Additionally, a conference call and webcast to discuss the 3Q24 Earnings Results will take place on Tuesday, November 12, 2024, at 8.30am ET (13.30pm UK time). The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International). The call ID is 5159017. To register for the webcast please click here. View source version on businesswire.com: https://www.business

 Consolidated Highlights – Second Quarter 2024 Revenue of $435.4 million increased 4.2% compared to the first quarter of 2024. Revenue decreased by 20.3% (or increased by 69.3% organically) compared to the second quarter of 2023, reflecting a $490.0 million year-on-year foreign exchange ("FX") headwind, largely as a result of the 63.5% devaluation of the Nigerian Naira ("NGN"), partially offset by $354.7 million FX resets and escalations captured within organic growth. Adjusted EBITDA of $250.8 million (57.6% Adjusted EBITDA Margin) decreased from the second quarter of 2023 by 11.9%, reflecting a $307.2 million year-on-year FX headwind largely as a result of the devaluation of the NGN

Following the announcement last week that IHS Holding Limited (NYSE:IHS) ("IHS Towers" or the "Company") and MTN Group (JSE: MTN) had renewed and extended communications infrastructure deals in Nigeria, as well as completing the renewal of all contracts across IHS Towers-MTN markets recently, the companies said on Tuesday that with the commercial relationship now firmly established for the next decade, they will now work constructively to find a mutually agreeable resolution to governance issues previously raised. On 7 August 2024, the companies announced the agreement to renew and extend all Nigerian tower Master Lease Agreements until December 2032. The contracts include new financial t

Renewals Cover Approximately 13,500 Tenancies Through to End of 2032 Reaffirms Long-Term Partnership with MTN and Criticality of IHS Infrastructure in Enabling Mobile Connectivity IHS in Nigeria, a subsidiary of IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, and MTN Nigeria (NGX:MTNN), a subsidiary of Africa's largest mobile network operator MTN Group (JSE:MTN), today announced an agreement to renew and extend all Nigerian tower Master Lease Agreements until December 2032, covering approximately 13,500 tenancy contracts. With regards to the approximatel

IHS Holding Limited (the "Company") hereby announces that its financial results for the three month period ended June 30, 2024 (the "2Q24 Earnings Results") are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, August 13, 2024. Additionally, a conference call and webcast to discuss the 2Q24 Earnings Results will take place on Tuesday, August 13, 2024, at 8.30am ET (13.30pm UK time). The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International). The call ID is 9900919. To register for the webcast please click here. View source version on businesswire.com: https://www.businesswire.

IHS Holding Limited (NYSE:IHS) ("IHS Towers" or the "Company"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, on Friday, 28 June 2024, announced the results of its 2024 Annual Meeting of Shareholders. At the Annual General Meeting, all the proposals put to the vote of shareholders were adopted, including the re-election of Frank Dangeard, Phuthuma Nhleko, Mallam Bashir El-Rufai and Nicholas Land as Independent Directors until the Company's 2025 AGM, and the proposal to amend and restate the Company's memorandum and articles of association, with the following key items now also included in the second am

IHS Holding Limited (NYSE:IHS) ("IHS Towers") group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2023 Sustainability Report. The report covers sustainability activities from January 1, 2023 to December 31, 2023, and is the second report prepared in accordance with the Global Reporting Initiative Standards and maps the company's sustainability initiatives to the United Nations' Sustainable Development Goals. IHS' approach to sustainability is guided by the UN Global Compact, to which it has been a signatory since 2020. The 2023 Sustainability Report demonstrates IHS' continue

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

6-K - IHS Holding Ltd (0001876183) (Filer)

SC 13G/A - IHS Holding Ltd (0001876183) (Subject)

SC 13G/A - IHS Holding Ltd (0001876183) (Subject)

SC 13G/A - IHS Holding Ltd (0001876183) (Subject)

SC 13G - IHS Holding Ltd (0001876183) (Subject)

SC 13G - IHS Holding Ltd (0001876183) (Subject)

SC 13G - IHS Holding Ltd (0001876183) (Subject)

Citigroup resumed coverage of IHS Holding Limited with a rating of Buy and set a new price target of $5.00

Goldman initiated coverage of IHS Holding Limited with a rating of Neutral and set a new price target of $3.50

Wells Fargo initiated coverage of IHS Holding Limited with a rating of Overweight and set a new price target of $12.00

Tigress Financial initiated coverage of IHS Holding Limited with a rating of Buy and set a new price target of $22.00

JP Morgan upgraded IHS Holding from Neutral to Overweight and set a new price target of $22.00 from $20.00 previously

Citigroup initiated coverage of IHS Holding Limited with a rating of Buy and set a new price target of $22.00

Barclays initiated coverage of IHS Holding with a rating of Overweight and set a new price target of $24.00

Goldman Sachs initiated coverage of IHS Holding with a rating of Buy and set a new price target of $29.00

Cowen & Co. initiated coverage of IHS Holding with a rating of Outperform and set a new price target of $27.00

RBC Capital initiated coverage of IHS Holding with a rating of Outperform and set a new price target of $23.00

IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today announced a one-year partnership with the Limitless Space Institute (LSI), a non-profit education and research organization. This partnership will commence in January 2024 and is designed to help broaden access to space education in our two largest markets. Through this collaboration, 20 science, technology, engineering, and mathematics (STEM) educators from Brazil and Nigeria will be invited to join the 12-month Limitless Global Educator Program and access a carefully curated space education curricul

IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, today announces the appointment of Colby Synesael as Senior Vice President of Communications effective March 1, 2022. Based in New York City, Colby will be responsible for further developing the Group's Investor Relations practice and the existing Communications & Sustainability team. He will be reporting to the company CFO and will also work closely with Sam Darwish, Chairman and CEO, in addition to becoming a member of IHS Towers' Executive Management Committee. The appointment is part of a broader initiat

IHS Holding Limited (NYSE:IHS) ("IHS Towers"), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, announces the appointment of Sandile Msimango as Vice President and CEO, IHS South Africa. Based in Johannesburg, Sandile will be leading IHS' South African operations reporting directly to Executive Vice President, Group Chief Operating Officer, William Saad. His appointment follows the announcement on November 17, 2021, of IHS' signed agreements to acquire 5,709 telecommunication towers in South Africa from Mobile Telephone Networks Proprietary Limited ("MTN"), one of the leading mobile telecommunications o

IHS Holding Limited ("IHS Towers"), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, today announces the appointment of Bill Bates as Senior Vice President and Chief Strategy Officer. Based in the US, Bill will be responsible for the Group's organic and inorganic strategy, running Group mergers and acquisitions and Group Commercial, reporting directly to Sam Darwish, IHS Towers Chairman and CEO. With immediate effect, Bill will serve as a member of IHS Towers' Executive Committee. Bill has over twenty years' experience in the telecommunications sector and has been instrumental in driving international

Analysts' ratings for IHS Holding (NYSE:IHS) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 2 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.62, a high estimate of $15.00, and a low estimate of $6.00. A 21.33% drop is evident in the current average co

TD Cowen analyst Colby Synesael maintains IHS Holding (NYSE:IHS) with a Buy and lowers the price target from $15 to $13.

Shares of Alibaba Group Holding Limited (NYSE:BABA) fell sharply during Tuesday's session following mixed first-quarter financial results. The e-commerce giant reported fiscal fourth-quarter 2023 revenue growth of 7% year-on-year to $30.73 billion, beating the analyst consensus estimate of $30.40 billion. Adjusted earnings per ADS of $1.40 missed the analyst consensus estimate of $1.41, according to data from Benzinga Pro. Alibaba Group shares tumbled 6.8% to $78.86 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares jumped 352.4% to $5.34 as the company reported pricing of $8.19 million

IHS Holding (NYSE:IHS) reported quarterly losses of $(0.47) per share which missed the analyst consensus estimate of $(0.01) by 4600 percent. The company reported quarterly sales of $417.744 million which beat the analyst consensus estimate of $394.581 million by 5.87 percent. This is a 30.67 percent decrease over sales of $602.528 million the same period last year.

Shares of Westport Fuel Systems Inc. (NASDAQ:WPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss. Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share. Westport Fuel Systems shares dipped 9.9% to $6.52 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Stoke Therapeutics, Inc. (NASDAQ:STOK) shares gained 72.6% to $11.24 after the company announced Phase 1/2a data supporting the potential for STK-001 in Dravet syndrome. C3is Inc. (NASDAQ:CISS) climbed 65% to $0.0581 after the company reported a year-over-year increase in fourth-q

U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Tuesday. Shares of Tesla Inc (NASDAQ:TSLA) rose sharply during Tuesday’s session amid reports suggest Italy has approached the company about electric truck production. Multiple reports are highlighting new reporting from Italian news outlet Il Sole 24 Ore, suggesting Italy’s Industry Ministry officials have reached out to Tesla in regards to potentially manufacturing electric trucks in the country. Tesla shares surged 5.8% to $182.65 on Tuesday. Here are some other big stocks recording losses in today’s session. Praxis Precision Medicines Inc (NASDAQ:PRAX) shares jumped 31.9% to $66.63 after the company repo

Barclays analyst Maurice Patrick maintains IHS Holding (NYSE:IHS) with a Overweight and lowers the price target from $8 to $6.

U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Thursday. Shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter EPS but missed on revenue, according to data from Benzinga Pro. Additionally, the company guided FY24 revenue growth on a low-to-mid-single-digit percentage basis. Build-A-Bear Workshop shares jumped 15.7% to $29.20 on Thursday. Here are some other big stocks recording gains in today’s session. Turtle Beach Corporation (NASDAQ:HEAR) shares surged 29.2% to $14.25 after the company announced the acquisition of PDP and its intention to launch a modi

TD Cowen analyst Gregory Williams maintains IHS Holding (NYSE:IHS) with a Outperform and lowers the price target from $19 to $15.

Full Year 2024 Outlook Guidance The following full year 2024 guidance is based on a number of assumptions that management believes to be reasonable and reflects the Company’s expectations as of March 12, 2024. Actual results may differ materially from these estimates as a result of various factors, and the Company refers you to the cautionary language regarding “forward-looking” statements included in this press release when considering this information. The Company’s outlook is based on the following assumptions:   ● Organic revenue Y/Y growth of approximately 49%   ● Average foreign currency exchange rates to 1.00 U.S. Dollar for January 1, 2024 thro