Phoenix Tower BR

completed

Phoenix Tower do Brasil (“PTB”) is an independent wireless infrastructure operator based in Brazil. PTB is an affiliate of Phoenix Tower International, headquartered in the United States of America and with existing operations across several countries in Latin America. PTI’s strategy and business plan is to own and operate strategic wireless infrastructure in those markets, which are characterized by strong wireless growth, strong underlying real estate rights, while leasing those towers to multi-national and investment grade mobile network operators, which face significant capital expenditure needs in order to enhance and grow their wireless networks. PTB is seeking IFC debt financing of up to US$20 million on own account. The debt investment will support PTB to fund the acquisition and build to suit construction program of tower assets in Brazil, accelerating the growth of its footprint in Brazil (the "Project”).