Monday, October 07, 2024

First Telecommunications Infrastructure Financial Trust comes into play

It was issued last August to the operator Sion, for approximately US$10.5 million, to fund the deployment of FTTH in regions of Argentina and to complete the migration of Movistar customers.

In late August, the financial trust company Banco de Valores S.A. (Valo) structured and placed the first Telecommunications Infrastructure Financial Trust for the operator Sion, for a nominal value of 12 million UVAs, approximately US$10.5 million at the current financial exchange rate.

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