Prescient Investment Management (PIM) has reached financial close with independent telecommunications infrastructure company Eagle Towers SA for the provision of a R100-million facility, unlocking capital to accelerate tower deployment in South Africa. The deal, end-to-end, was an equity injection into a tower business by infrastructure investors Infra Impact Investment Managers, investing through its Infra Impact Mid-Market Infrastructure Fund, followed with a meaningful debt injection by the PIM’s Infrastructure Debt Fund, says PIM head of credit Conway Williams.
