Subsequent Events	12 Months Ended
Dec. 31, 2022
Subsequent Events
Subsequent Events	22. Subsequent Events On October 25, 2022, the Company, the Operating Partnership, and certain of the Operating Partnership’s subsidiaries entered into an escrow agreement (the “Escrow Agreement”) with Bank of America, N.A., as administrative agent (the “Administrative Agent”), certain lenders (the “Lenders”), and Arnold & Porter Kaye Scholer LLP, as escrow agent (the “Escrow Agent”), pursuant to which the Operating Partnership, the Company, the Administrative Agent and the Lenders delivered executed signature pages to a new term loan agreement among the Operating Partnership, the Company, the Lenders and the Administrative Agent (the “Term Loan Agreement”) to be held in escrow by the Escrow Agent and released by the Escrow Agent upon satisfaction of specific terms. On January 9, 2023, the terms and conditions of the Escrow Agreement were satisfied, and, on such date, the Term Loan was deemed executed and became effective. The Term Loan Agreement provides for a $740 million senior unsecured term loan facility (the “Term Loan Facility”). The Term Loan Facility provides for borrowings in U.S. dollars. The Term Loan Facility will mature on March 31, 2025, subject to one twelve-month extension option at the Operating Partnership’s option; provided, that the Operating Partnership must pay a 0.1875% extension fee based on the then-outstanding principal amount of the term loans under the Term Loan Facility. On January 24, 2023, Teraco entered into a syndicated loan facility worth R11.8 billion (approximately $686 million based on the exchange rate on January 24, 2023), of which R5.7 billion (approximately $331 million based on the exchange rate on January 24, 2023) will be used to finance the company’s continued growth and R6.1 billion (approximately $355 million based on the exchange rate on January 24, 2023) will refinance and extend the average maturity profile of existing drawn debt. The new facilities mature in December 2028.

Subsequent Events

12 Months Ended

Dec. 31, 2022

22. Subsequent Events

On October 25, 2022, the Company, the Operating Partnership, and certain of the Operating Partnership’s subsidiaries entered into an escrow agreement (the “Escrow Agreement”) with Bank of America, N.A., as administrative agent (the “Administrative Agent”), certain lenders (the “Lenders”), and Arnold & Porter Kaye Scholer LLP, as escrow agent (the “Escrow Agent”), pursuant to which the Operating Partnership, the Company, the Administrative Agent and the Lenders delivered executed signature pages to a new term loan agreement among the Operating Partnership, the Company, the Lenders and the Administrative Agent (the “Term Loan Agreement”) to be held in escrow by the Escrow Agent and released by the Escrow Agent upon satisfaction of specific terms. On January 9, 2023, the terms and conditions of the Escrow Agreement were satisfied, and, on such date, the Term Loan was deemed executed and became effective. The Term Loan Agreement provides for a $740 million senior unsecured term loan facility (the “Term Loan Facility”). The Term Loan Facility provides for borrowings in U.S. dollars. The Term Loan Facility will mature on March 31, 2025, subject to one twelve-month extension option at the Operating Partnership’s option; provided, that the Operating Partnership must pay a 0.1875% extension fee based on the then-outstanding principal amount of the term loans under the Term Loan Facility.

On January 24, 2023, Teraco entered into a syndicated loan facility worth R11.8 billion (approximately $686 million based on the exchange rate on January 24, 2023), of which R5.7 billion (approximately $331 million based on the exchange rate on January 24, 2023) will be used to finance the company’s continued growth and R6.1 billion (approximately $355 million based on the exchange rate on January 24, 2023) will refinance and extend the average maturity profile of existing drawn debt. The new facilities mature in December 2028.