Telecom connects with IFC

Telecom connects with IFC

World Bank Loans Argentina Telecoms Mobile Fixed-Line

Telecom Argentina said Monday it reached a deal to take out a $185 million loan from the International Finance Corporation (IFC), the private sector division of the World Bank. The Buenos Aires-based telecommunications company said the loan matures in June 2029 but did not provide additional details, according to a securities filing. Telecom has raised money in the local bond market and through loans to cover its financing needs over the past few years as access to the international bond market

Already have an account?

Free trial

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

Free Trial