MTN Group’s USD1 billion revolving credit facility. The advisors 

Herbert Smith Freehills and White & Case provided legal advice on MTN Group Limited’s revolving credit facility valued at up to USD 1 billion. The facility aimed to refinance the company’s existing arrangement. 

White & Case acted for MTN Group Limited, while Herbert Smith Freehills represented the lenders involved in the transaction. Bank of America Europe Designated Activity Company, Citi, and MUFG Bank played significant roles as Global Co-ordinators, Bookrunners, and Mandated Lead Arrangers.  

MTN Group Limited, recognized with a Moody’s rating of Ba2 and S&P rating of BB-, stands as a multinational mobile telecommunications company and Africa’s largest mobile network operator. 

Herbert Smith Freehills legal team involved both the London and Johannesburg offices, led by finance partner Will Nevin (pictured) and associate Siqi Geng in London and supported by partner Edward Baring and of counsel Lamis Adam in South Africa.