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ALIV

Sector: Government • Location: Bahamas

Source: Inter-American Development Bank (IADB)

Project
Proposed

The proposed transaction consists of a Senior Loan for a period of 8 years for an amount up to US$50 million (the “IDB Group Financing”) to support ALIV’s (i) capital expenditure plan, (ii) customer acquisition, and (iii) refinancing of existing debt in The Bahamas. The proposed transaction is in line with IDB Invest’s strategic objective of promoting innovation and technological development and s

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The project “ALIV” is an infrastructure initiative in the Government sector, located in Bahamas. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Status

Original status

proposed

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Description

Description

The proposed transaction consists of a Senior Loan for a period of 8 years for an amount up to US$50 million (the “IDB Group Financing”) to support ALIV’s (i) capital expenditure plan, (ii) customer acquisition, and (iii) refinancing of existing debt in The Bahamas. The proposed transaction is in line with IDB Invest’s strategic objective of promoting innovation and technological development and support infrastructure to enhance competitiveness and productivity.The financing will consist of an A Loan of up to US$14 million and a B Loan for up to US$36 million.Be Aliv Ltd. (“ALIV”) is the second largest mobile network operator in The Bahamas, created in 2016 as a JV between publicly listed leading fixed cable operator, Cable Bahamas Ltd. (“CBL”) and the Government of the Bahamas (“GoB”). ALIV has approximately 150,000 individual and corporate subscribers and 38% market share.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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