IHS Holding amends rand loan agreement to replace JIBAR with ZARONIA
IHS•IHS Holding amended its facilities agreement on October 13, 2026, to replace JIBAR with ZARONIA for Facility B loans. The facilities total $255 million and ZAR 3.25 billion, and the switch is scheduled for October 15.
1. Rate switch scheduled
IHS Holding amended its facilities agreement, originally dated October 7, 2024, to replace JIBAR with ZARONIA for Facility B loans. The facilities total $255 million and ZAR 3.25 billion. The switch is scheduled for October 15, 2026; existing term-rate loans will transition when their current interest periods end. FirstRand Bank, through its Rand Merchant Bank division, is the facility agent.
