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News & Insights

IHS Holding Limited’s Initial Public Offering of Ordinary Shares

November 10, 2021

Cravath represented Mobile Telephone Networks (Netherlands) B.V., a subsidiary of MTN Group Limited, as one of the shareholders in connection with the $378 million initial public offering of ordinary shares of IHS Holding Limited, one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world. MTN is a leading emerging market mobile communications operator with operations across Africa and the Middle East. The shares were listed on the New York Stock Exchange. The transaction closed on October 18, 2021.

The Cravath team included partner Philip J. Boeckman and associates Brian T. Bodensteiner and Maurice Temming on capital markets matters, and partner Christopher K. Fargo and associate Cecily Xi on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • London
  • Telecommunications

People

Photo
Name
Christopher K. Fargo
Title
Tax
Title
Partner
Email
cfargo@cravath.com
Phone
+1-212-474-1236
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    Education

    • J.D., 2006, Columbia Law School
      Harlan Fiske Stone; Michael Lynne Scholar
    • B.A., 2003, Boston College
      Honors Program, cum laude

    Admitted In

    • New York

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    November 03, 2021

    Uniti Group Inc.’s High‑Yield Senior Notes Offering

    Cravath represented the initial purchasers in connection with the $700 million 144A/Reg. S high‑yield senior notes offering of Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc., and CSL Capital, LLC. Uniti Group Inc., the parent company, is an internally managed REIT engaged in the acquisition and construction of mission critical infrastructure in the communications industry. The transaction closed on October 13, 2021.

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    November 02, 2021

    Gannett Holdings LLC’s High‑Yield Senior Secured Notes Offering

    Cravath represented Gannett Holdings LLC in connection with its $400 million 144A/Reg. S high‑yield senior secured notes offering. Gannett Co., Inc., the parent company, is a subscription‑led and digitally‑focused media and marketing solutions company. The transaction closed on October 15, 2021.

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    November 02, 2021

    IsoPlexis Corporation’s Initial Public Offering

    Cravath represented IsoPlexis Corporation in connection with its $125 million initial public offering of common stock. IsoPlexis Corporation is a life sciences company building solutions to accelerate the development of curative medicines and personalized therapeutics. The shares were listed on The Nasdaq Global Select Market. The transaction closed on October 12, 2021.

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    October 28, 2021

    Scientific Games’ $6.05 Billion Sale of its Lottery Business to Brookfield Business Partners

    On October 27, 2021, Scientific Games Corporation (“Scientific Games”) announced that it has entered into a definitive agreement to sell its Lottery business, a leading, diversified global lottery partner with long‑standing relationships with approximately 130 government and non‑government lottery entities in over 50 countries, to Brookfield Business Partners L.P. together with its institutional partners (collectively, “Brookfield”) for total consideration of $6.05 billion consisting of $5.825 billion in cash and an earn‑out of up to $225 million based on the achievement of certain EBIDTA targets in 2022 and 2023. Cravath is representing Scientific Games in connection with the transaction.

    Cravath Bicentennial

    Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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