How much did Paratus raise in its Debt?

$31M, announced on 9 November 2023.

Funding roundDebt

Paratus Debt

Paratus raised $31M in a Debt. It was announced on 9 November 2023.

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1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: $31M; USD
Announced: 09 Nov 2023; 2 years ago

About this round

Paratus Group official announcement describes long-duration cashflow-friendly debt at Group level, mobilised by Ninety One through Emerging Africa Infrastructure Fund and Ninety One Africa Credit Opportunities. Cirrus Capital was adviser and lead arranger, not investor. Closing date and company equity valuation undisclosed. Not Paratus Namibia Holdings stock market capitalisation.

Sources for this round1

paratus.africaParatus Group secures funding for infrastructure expansion projects

Frequently asked about Paratus's Debt

How much did Paratus raise in its Debt?: $31M, announced on 9 November 2023.