Company name
Cabo Serviços de Telecomunicações Ltda. and Videomar Rede Nordeste S.A.
Project number
12166-01
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.
E&S category
B
País
Brazil
Sector
Digital Economy
Estado
Repaid
Disclosed date
10/23/2018
N/A
Projected board date
11/27/2018
Approval date
11/29/2018
Signed date
06/20/2019
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 31,135,300
Currency
BRL
Project scope and objective
A transação consiste em um empréstimo sênior de 7anos, cujo valor é de R$120 milhões de reais, para o grupo de empresas fornecedoras de serviços pertencentes à Triple Play Brasil Participações SA. O objetivo é o financiamento de: (a) de capital relacionados à expansão e / ou modernização da sua rede existente, (b) custos de desenvolvimento de negócio, e (c) usos corporativos gerais.
Triple Play Brasil Participações SA é uma empresa regional de serviços de pacote de televisão, banda larga e telefonia fixa ("triple-play") na região Nordeste (estados do Rio Grande do Norte e Ceará) e Sudeste (estados de São Paulo e Minas Gerais) do Brasil. A empresa opera cinco marcas comerciais: Cabo Telecom, em Natal, Multiplay y Tecnet, em Fortaleza, Alegra, em São João de Boa Vista, e Direta, em Guaxupé
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Contact information
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Client Contact
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
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Environmental and social review
ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY
72.3 Kb