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Smile Telecoms Holdings enters new phase with approved restructuring plan

Smile Telecoms Holdings enters new phase with approved restructuring plan
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Al Nahla , Telecoms Holdings Ltd , Smile Telecoms Holdings , Restructuring Plan ,

Telecoms firm secures $51m fresh funding | The Guardian Nigeria News - Nigeria and World NewsBusiness — The Guardian Nigeria News – Nigeria and World News


Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania and the Democratic Republic of the Congo, Smile Telecoms Holdings Limited, has disclosed that its restructuring plan has been approved.
This debt restructuring plan sees an injection of fresh money from Smile’s majority shareholder, the Al Nahla, and rescheduling on debt repayment until after March 2022.
APO Group, in a statement deployed on behalf of Smile Telecoms Holdings Ltd, informed that the fresh injection of $51 million in funding for operations will enhance Smile’s position in its respective markets and energize its operations while supporting efforts towards achieving better performance.
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Smile Telecoms Holdings Enters New Era with Approved Restructuring Plan – Fresh Money

Smile Telecoms Holdings Ltd. (www.Smilecoms.com), a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced today, March 30th 2021 that its RP (Restructuring Plan) has been approved and agreed with the lenders. This debt restructuring plan sees an injection in fresh money funding from Smile's majority shareholder,… ....

Democratic Republic Of The Congo , Telecoms Holdings Ltd , Smile Telecoms Holdings , Democratic Republic , Restructuring Plan , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , தொலைத்தொடர்புகள் ஹோல்டிங்ஸ் லிமிடெட் , புன்னகை தொலைத்தொடர்புகள் ஹோல்டிங்ஸ் , ஜனநாயக குடியரசு , மறுசீரமைப்பு திட்டம் ,