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CABO TELECOM

Sector: Broadband • Location: Brazil

Source: Inter-American Development Bank (IADB)

Project
Repaid

The transaction consists of a senior loan for a period of 7 years in the amount of R$120 million Brazilian reais to a group of service provider companies that belong to Triple Play Brasil Participações S.A. The purpose is to finance: (a) capital related to the expansion and/or modernization of the company’s existing network, (b) business development costs and (c) general corporate uses.Triple Play

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Project Information

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

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Participants

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repaid

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Description

Description

The transaction consists of a senior loan for a period of 7 years in the amount of R$120 million Brazilian reais to a group of service provider companies that belong to Triple Play Brasil Participações S.A. The purpose is to finance: (a) capital related to the expansion and/or modernization of the company’s existing network, (b) business development costs and (c) general corporate uses.Triple Play Brasil Participações S.A. is a regional provider of bundled television, broadband and landline telephony services (“triple play”) in the northeastern (states of Rio Grande do Norte and Ceará) and southeastern (states of São Paulo and Minas Gerais) regions of Brazil. The company operates under five brand names: Cabo Telecom in Natal, Multiplay and Tecnet in Fortaleza, Alegra in São João de Boa Vista, and Direta, in Guaxupé.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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