Orocom nets new loan

Orocom nets new loan

Loans Telecoms Project & Infrastructure Finance Debt Peru

Peruvian telecommunications group Orocom has received a $50 million loan from BTG Pactual to finance regional broadband infrastructure projects in the country, according to a source close to the deal. Orocom will use the proceeds to lay fiber optic lines in the provinces of Junín, Puno, Moquegua and Tacna, where the consortium won 10-year build-operate-transfer contracts to install broadband infrastructure in December 2017. Orocom is expected to invest roughly $200 million in the projects, the s

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