Paraguayan Telco Seeks 10-Year

Paraguayan Telco Seeks 10-Year

Bonds Paraguay

Telefonica Celular del Paraguay (Telecel) is aiming for a debut $300m 2022 bond, according to Fitch, which assigns a BB rating to the deal. “Telecel’s ratings are supported by its strong market position as the main operator in the Paraguayan telecom sector,” the agency adds. Despite increased competition in recent years, Telecel holds a comfortable 57% market share in the mobile segment. While it has 100% penetration in the telephony segment, it is looking to branch out in broadband and pay TV.

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial