Government of Brazil

Brazilian Digital Connectivity Project - IDB Financing

Borrower(s)
Government of Brazil
Industry
IT and telecoms/Broadband / cable network
Area of finance
Development Bank Finance
Region
Latin America
Latin America
Countries
Brazil

Project Overview

IDB approved a $100 million loan to Brazil's federal government to improve digital connectivity and expand fixed broadband coverage in the country. The loan has an amortization term of 24.5 years, a five-year grace period, an interest rate based on SOFR, and a local counterpart of $1.5 million....

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Deal Volume
$100m
Financial Close
10/07/2024
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Tranches

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