Vtal Rede Neutra de Telecomunicacoes S.A.
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 450,000,000
USD $ 50,000,000
Project scope and objective
The transaction with Vtal Rede Neutra de Telecomunicaciones S.A. (“Customer” or “Vtal”) will be used to finance the implementation of fiber infrastructure following the CAPEX plan for the coming years, including investments in telecommunication equipment, materials and installations (“Project”). The operation will be structured as a loan, with a final term of 8 years including a 3-year grace period. The project will be developed in all regions of Brazil, in the same locations where Vtal currently operates.
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IDB Invest Contact
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