IDB Invest and Bladex Support Tigo El Salvador to Expand Broadband Infrastructure and Enhance Digital Inclusion
Bladex (NYSE: BLX) and IDB Invest have jointly arranged a $205 million financing package for Tigo El Salvador to expand broadband infrastructure and enhance digital inclusion. The package consists of a $150 million loan (split equally between both institutions), a $30 million Revolving Credit Facility, and a $25 million Digital Account Receivables Discount Facility.
The financing will support Tigo's network expansion, infrastructure enhancement, and debt refinancing while facilitating affordable access to smartphones and digital services. The Digital Discount Facility will enable IDB Invest to purchase receivables from Tigo, supporting device financing for middle and low-income users.
Bladex (NYSE: BLX) e IDB Invest hanno collaborato per organizzare un pacchetto di finanziamento da 205 milioni di dollari destinato a Tigo El Salvador, con l'obiettivo di espandere l'infrastruttura a banda larga e migliorare l'inclusione digitale. Il pacchetto comprende un prestito di 150 milioni di dollari (diviso equamente tra le due istituzioni), una Linea di Credito Rinnovabile da 30 milioni di dollari e una Facilit脿 di Sconto per Conti Digitali da 25 milioni di dollari.
Il finanziamento sosterr脿 l'espansione della rete di Tigo, il miglioramento delle infrastrutture e il rifinanziamento del debito, facilitando al contempo l'accesso a prezzi accessibili a smartphone e servizi digitali. La Facilit脿 di Sconto Digitale permetter脿 a IDB Invest di acquistare i crediti da Tigo, supportando il finanziamento dei dispositivi per utenti a reddito medio e basso.
Bladex (NYSE: BLX) e IDB Invest han coordinado conjuntamente un paquete de financiamiento de 205 millones de d贸lares para Tigo El Salvador con el fin de expandir la infraestructura de banda ancha y mejorar la inclusi贸n digital. El paquete consiste en un pr茅stamo de 150 millones de d贸lares (dividido por igual entre ambas instituciones), una L铆nea de Cr茅dito Revolvente de 30 millones de d贸lares y una Facilidad de Descuento de Cuentas Digitales por 25 millones de d贸lares.
El financiamiento apoyar谩 la expansi贸n de la red de Tigo, la mejora de la infraestructura y el refinanciamiento de deuda, facilitando adem谩s el acceso asequible a smartphones y servicios digitales. La Facilidad de Descuento Digital permitir谩 a IDB Invest comprar cuentas por cobrar de Tigo, apoyando el financiamiento de dispositivos para usuarios de ingresos medios y bajos.
Bladex (NYSE: BLX)鞕� IDB Invest電� Tigo 鞐橃偞氚旊弰毳挫潣 甏戨寑鞐� 鞚疙攧霛� 頇曥灔瓿� 霐旍韯� 韽毄靹� 臧曧檾毳� 鞙勴暣 2鞏� 500毵� 雼煬 攴滊鞚� 旮堨湹 韺偆歆�毳� 瓿惦彊鞙茧 毵堧牗頄堨姷雼堧嫟. 鞚� 韺偆歆�電� 1鞏� 5觳滊 雼煬 雽�於�(鞏� 旮瓣磤鞚� 鞝堧皹鞌� 攵�雼�), 3觳滊 雼煬 須岇爠 鞁犾毄 頃滊弰, 攴鸽Μ瓿� 2觳� 5氚彪 雼煬 霐旍韯� 瓿勳爼 毂勱秾 頃犾澑 鞁滌劋鞙茧 甑劚霅橃柎 鞛堨姷雼堧嫟.
鞚措矆 旮堨湹 歆�鞗愳潃 Tigo鞚� 雱ろ姼鞗岉伂 頇曥灔, 鞚疙攧霛� 臧滌劆 氚� 攵�毂� 鞛湹鞛愲ゼ 歆�鞗愴晿氅�, 鞝�霠错暅 臧�瓴╈溂搿� 鞀る韸疙彴瓿� 霐旍韯� 靹滊箘鞀れ棎 鞝戧芳頃� 靾� 鞛堧弰搿� 霃勳毟 瓴冹瀰雼堧嫟. 霐旍韯� 頃犾澑 鞁滌劋鞚� IDB Invest臧� Tigo鞚� 毂勱秾鞚� 毵れ瀰頃橃棳 欷懧缝爛靻岆摑 靷毄鞛愲摛鞚� 旮瓣赴 旮堨湹鞚� 歆�鞗愴暊 靾� 鞛堦矊 頃╇媹雼�.
Bladex (NYSE : BLX) et IDB Invest ont conjointement organis茅 un package de financement de 205 millions de dollars pour Tigo El Salvador afin d'茅tendre l'infrastructure 脿 large bande et de renforcer l'inclusion num茅rique. Ce package comprend un pr锚t de 150 millions de dollars (r茅parti 脿 parts 茅gales entre les deux institutions), une ligne de cr茅dit renouvelable de 30 millions de dollars et une facilit茅 d'escompte des comptes num茅riques de 25 millions de dollars.
Ce financement soutiendra l'expansion du r茅seau de Tigo, l'am茅lioration des infrastructures et le refinancement de la dette, tout en facilitant l'acc猫s abordable aux smartphones et aux services num茅riques. La facilit茅 d'escompte num茅rique permettra 脿 IDB Invest d'acheter les cr茅ances de Tigo, soutenant ainsi le financement des appareils pour les utilisateurs 脿 revenu moyen et faible.
Bladex (NYSE: BLX) und IDB Invest haben gemeinsam ein Finanzierungspaket in H枚he von 205 Millionen US-Dollar f眉r Tigo El Salvador arrangiert, um die Breitbandinfrastruktur auszubauen und die digitale Inklusion zu verbessern. Das Paket umfasst einen 150 Millionen US-Dollar Kredit (gleichm盲脽ig zwischen beiden Institutionen aufgeteilt), eine 30 Millionen US-Dollar revolvierende Kreditfazilit盲t und eine 25 Millionen US-Dollar digitale Forderungsdiskontfazilit盲t.
Die Finanzierung wird den Netzausbau von Tigo, die Verbesserung der Infrastruktur und die Umschuldung unterst眉tzen und gleichzeitig den erschwinglichen Zugang zu Smartphones und digitalen Diensten erleichtern. Die digitale Diskontfazilit盲t erm枚glicht es IDB Invest, Forderungen von Tigo zu erwerben, um die Ger盲tefinanzierung f眉r Nutzer mit mittlerem und niedrigem Einkommen zu unterst眉tzen.
- Strategic $205 million financing package secured for network expansion
- Partnership with major institutions IDB Invest and Bladex demonstrates project credibility
- Innovative financing structure includes provisions for affordable device access
- Project addresses growing data traffic demands and digital inclusion
- Increased debt load with $150 million new loan
- Execution risks in infrastructure expansion and modernization
Insights
Bladex's $75M commitment to Tigo El Salvador strengthens its strategic position in critical infrastructure financing across Latin America.
This
The structure of this deal is noteworthy 鈥� Bladex is focusing on the traditional loan portion while IDB Invest covers the more innovative components: the
For Bladex shareholders, this transaction aligns with the bank's strategic focus on facilitating trade and development across Latin America. The telecom sector offers relatively stable cash flows compared to other infrastructure investments, providing an attractive risk-adjusted return potential. Additionally, partnering with IDB Invest 鈥� a multilateral development bank 鈥� potentially reduces Bladex's risk exposure through implicit political risk mitigation.
This deal also demonstrates Bladex's continued ability to structure complex cross-border financing packages in Latin America, showcasing its regional expertise and relationship network. The
- IDB Invest and Banco Latinoamericano de Comercio Exterior (Bladex, NYSE: BLX), co-led a comprehensive financing package of up to
$205 million - The financing will help increase access to affordable smartphones and digital services, bridging the digital gap across
El Salvador .
PANAMA CITY, July 28, 2025 /PRNewswire/ -- IDB Invest and Bladex are providing a financing package to Telem贸vil
The package includes a
As data traffic is expected to surge in the coming years, expanding and upgrading network infrastructure is crucial to improving productivity, digital inclusion, and economic resilience. By enhancing broadband services, the project aims to unlock access to digital education, telehealth, and e-commerce opportunities for underserved populations.
About IDB Invest
IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in
About Bladex
Bladex is a multinational bank founded in 1979 by the central banks of
About Tigo El Salvador
Tigo, the commercial brand of Millicom, has been driving
Contact:
Juan David Mu帽oz
VPA de Estructuraci贸n y Sindicaciones
Email: [email protected]
听听听听听听
View original content:
SOURCE Banco Latinoamericano de Comercio Exterior, S.A. (Bladex)
FAQ
What is the total value of the financing package secured by Bladex (NYSE: BLX) for Tigo El Salvador?
How is the $150 million loan structured between IDB Invest and Bladex?
What is the purpose of the Digital Account Receivables Discount Facility in the Tigo El Salvador financing?
How will the Bladex financing impact Tigo El Salvador's infrastructure development?
What specific facilities are included in the Bladex and IDB Invest financing package?
