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Airtel Africa PLC said on Tuesday it had completed the early repayment of its $505 million senior notes.
The London-based telecommunications company focused on Africa explained that the notes were originally due in March 2023 and as a result of early repayment the company will save $26.5 million in future interest payments.
Following the repayment, Airtel Africa now has $1 billion bonds remaining, due May 2024.
Shares in Airtel Africa were up 2.0% at 130.49 pence on Tuesday morning in London.
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