White & Case Advises QIA on US$200 Million Investment in Airtel Africa
Global law firm White & Case LLP has advised the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, on a US$200 million investment in Airtel Africa through a primary equity issuance in the company.
The proceeds will be used to further reduce Airtel Africa's existing net debt. Airtel Africa Ltd is a pan-African telecommunications company with operations in 14 countries across Africa.
The White & Case team which advised on the transaction was led by partners Ian Bagshaw and Emmie Jones (both London), with support from partners Hannah Field-Lowes, Gilles Teerlinck (both London), Genevra Forwood (Brussels) and Michiel Visser (New York), and associates Craig Fagan and Joseph Carroll (both London).
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