InfraComputeThe capital behind compute.

InfraCompute / Deals

Teraco: Syndicated development loan

Development credit for Teraco, 13 November 2024.

Key terms

Borrower or issuer
Teraco
Date
13 November 2024
Structure
Development credit
Amount
ZAR8bn
Pricing
Not disclosed
Sources
1 public source below

Recorded terms

Lender type
Bank loansNo funder named; bank arranger: Absa (syndicated loan arranger)
Event date
13 November 2024As of 13 November 2024

Supports JB7, other developments and renewable programme; not all allocated to JB7. Earlier debt overlap unresolved.

Parties

Project connections

Related facilities

Similar financings

Same structure, other borrowers, closest in date.

More from Teraco

All Teraco financings →

For counsel on this deal

Acting for a lender, borrower or sponsor on a financing like this? Start from the filed precedents. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. Teraco JB7 and syndicated loanSource date: 13 November 2024

About this record

Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.

Read the structure

Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

Working on a financing like this one? Book 20 minutes with Randeep to see how it compares.

Fridays, one email. Work email only. Unsubscribe any time. Privacy.