IDB Invest and Bladex Support Tigo El Salvador to Expand Broadband Infrastructure and Enhance Digital Inclusion

About this update from Banco Latinoamericano De Comercio Exterior, S.a.

[{"type":"list","items":[{"val":[{"type":"text","content":"IDB Invest and Banco Latinoamericano de Comercio Exterior (Bladex, NYSE: BLX), co-led a comprehensive financing package of up to $205 million for Tigo El Salvador to expand broadband infrastructure and support digitalization.","length":225,"tagName":"p"}]},{"val":[{"type":"text","content":"The financing will help increase access to affordable smartphones and digital services, bridging the digital gap across El Salvador.","length":132,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":357,"olType":false},{"type":"text","content":"PANAMA CITY, July 28, 2025 /PRNewswire/ -- IDB Invest and Bladex are providing a financing package to Telemóvil El Salvador, S.A. de C.V. (Tigo), a subsidiary of Millicom International Cellular S.A., to support the expansion of Tigo's fixed broadband network, enhance the capacity and quality of its mobile infrastructure, and refinance maturing debt.","length":355,"tagName":"p"},{"type":"image","alt":" ","displaySize":"","headline":null,"caption":" ","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":197,"url":"https://media.zenfs.com/en/prnewswire.com/6b6ed62d2484e9c6f2fad1e2fe28d80c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bmhu.BlnFOdiDxJChCvOLg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/6b6ed62d2484e9c6f2fad1e2fe28d80c","width":400,"height":197}}},{"type":"text","content":"The package includes a $150 million loan, co-structured by both institutions, with $75 million contributed by IDB Invest and $75 million by Bladex, as well as a $30 million Revolving Credit Facility (RCF), and a $25 million Digital Account Receivables Discount Facility, both fully provided by IDB Invest. The RCF will support the acquisition of specialized equipment, while the Digital Discount Facility will finance the sale or lease of smartphones and digital services to clients, broadening access to mobile broadband, especially for middle- and low-income users. Through this innovative facility, IDB Invest may purchase receivables from Tigo and provide liquidity for device financing, helping close the affordability gap in handset access.","length":746,"tagName":"p"},{"type":"text","content":"As data traffic is expected to surge in the coming years, expanding and upgrading network infrastructure...

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