Successful financial closure of the Shared Network project
Bancomext, Banobras and Nafin signed a loan agreement with Altán Redes, S.A.P.I. de C.V., a vehicle constituted by Altán, a winning consortium of the international public tender convened by the Ministry of Communications and Transport, which was awarded a public-private partnership agreement for the deployment and operation of a Wholesale Telecommunications Network in Mexico.
The three development banks will participate in the financing of the project through credits that, jointly, amount to 17 thousand 750 million pesos with an average term of 13 years.
With the signing of the credit agreement successfully concluded a financial closure process that lasted three months, thereby securing both capital and debt resources necessary for the development of the project.
Source: SHCP
