Robi Axiata II

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The proposed investment involves a corporate A-loan of up to $66 million in the company on IFC’s own account and an additional B-loan of $33 million. Apart from this IFC could in the future invest up to US$25 million in a pre-IPO equity investment in the company. This if done, will be through purchase of secondary shares to be currently held by Axiata the holding parent company of Robi. The proceeds of IFC’s proposed debt investment will be used to partially finance the capex program of the company for 2015, including its network expansion (the “Project”). This network expansion is likely to increase access to voice and data services, especially in rural areas, benefitting in particular small and medium enterprises, and creating additional employment opportunities during construction and operations of the company.Robi is one of Bangladesh’s leading mobile operators and also a part of Axiata Group Berhard (“Axiata” or “the Sponsor”). With subscriber market share of 21.6% it has the third largest subscriber base amongst the mobile telecommunications company in Bangladesh. The company’s network currently extends across 98% of the Country and provides mobile telecom services to over 21 million subscribers.