Company name
Colombia Telecomunicaciones S.A. ESP - Coltel
Project number
12618-01, 12618 - 02
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
Colombia
Sector
Digital Economy
Estado
In implementation
Disclosed date
08/09/2019
N/A
Projected board date
09/10/2019
Approval date
09/10/2019
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
N/A
Currency
USD
Project scope and objective
El Proyecto consiste en dos tipos de financiamiento: (i) apertura de un cupo de crédito de hasta US$100 millones en la moneda local para financiar las inversiones fijas de Colombia Telecomunicaciones S.A. ESP (en adelante “Coltel”, “Empresa” o “la Compañía”) durante el año 2019 y 2020 (el “Financiamiento”), y (ii) una facilidad de compra de las cuentas por cobrar de hasta US$60 millones (la “Facilidad”) que se utilizará para descontar las facturas originadas en el programa de Coltel de financiamiento a los suscriptores individuales y corporativos por la compra de dispositivos móviles, los equipos de comunicación y el servicio de telecomunicación. La apertura otorgada bajo el cupo de crédito tendrá un plazo de hasta 7 años y un periodo de gracia de hasta 2 años. La Facilidad estará disponible por un período de hasta 48 meses y las facturas un período de cancelación de hasta 24 meses. La Compañía no se está obligando o comprometiendo en tomar la apertura de cupo de crédito bajo el Financiamiento o la compra de cartera bajo la Facilidad.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] ou [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .