Bladex and IDB Invest Partner to Fund $205 Million Expansion of Broadband Infrastructure in El Salvador

Reuters
2025/07/29
Bladex and IDB Invest Partner to Fund $205 Million Expansion of Broadband Infrastructure in El Salvador

Banco Latinoamericano de Comercio Exterior SA (Bladex) is set to expand its influence through a strategic collaboration with IDB Invest to support Tigo El Salvador's broadband infrastructure expansion. The partnership involves a substantial financing package of up to $205 million aimed at extending broadband services and enhancing digitalization across El Salvador. This initiative includes a $150 million loan co-structured by Bladex and IDB Invest, each contributing $75 million, alongside a $30 million Revolving Credit Facility and a $25 million Digital Account Receivables Discount Facility provided by IDB Invest. These funds will aid in acquiring specialized equipment and financing smartphone access, particularly for middle- and low-income users, thereby addressing the digital divide. The project is pivotal in improving digital inclusion, productivity, and economic resilience by facilitating access to digital education, telehealth, and e-commerce for underserved communities in El Salvador.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BLADEX - Foreign Trade Bank of Latin America Inc. published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.

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