MTN GROUP LIMITED - MOBILE TELEPHONE/MTN Group Raises USD1 Billion

MOBILE TELEPHONE/MTN Group Raises USD1 Billion

MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/001411/06)
Instrument Code: MTN04
ISIN: ZAG000078619
(“MTNH”) or (“the Company”)

MTN GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
JSE Code: MTN
ISIN: ZAE000042164
(“MTN Group”)

MTN GROUP RAISES USD1 BILLION

MTN Group launches USD500m Feb 22s @5.373% and USD500m Oct 26s
@6.5% RegS/144a notes


MTNH and MTN Group announce the successful pricing of the dual
tranche USD500 million Long 5-year and USD500 million 10-year
notes. Proceeds of the issue, which is due to settle on 13
October 2016, will be used for purposes of capital expenditure;
to pay down working capital facilities; and for general
corporate purposes.

The notes maturing in February 2022, have a coupon of 5.373% and
the notes maturing in October 2026 have a coupon of 6.5%, and
will be listed on the Irish Stock Exchange. The joint book-
runners for the issue are Barclays, Bank of America Merrill
Lynch, Citi Bank (B&D) and The Standard Bank of South Africa
Limited.


MTN (Mauritius) Investments Limited is the issuer of the notes
that are guaranteed by MTN Group, Mobile Telephone Networks
Holdings Limited, MTN International (Mauritius) Limited, MTN
International Proprietary Limited and Mobile Telephone Networks
Proprietary Limited.
MTN Group is rated Baa3 by Moody’s (Negative Outlook), and BB+
by S&P (Stable Outlook).
Fairland
6 October 2016

Debt Sponsor
The Standard Bank of South Africa Limited


Sponsor
Deutsche Securities (SA) Proprietary Limited

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