Project Detail |
Location:
Armenia
Project number:
55906
Business sector:
Telecommunications, Media and Technology
Notice type:
Private
Environmental category:
B
Approval date:
04 Dec 2024
Status:
Signed
English-language PSD published:
23 Dec 2024
The Project entails an investment of USD 13.5 million in a USD 75 million Sustainability-Linked Bond (SLB) issuance by Telecom Armenia, to be publicly listed on the Armenian Stock Exchange (AMX).
Project Objectives
EBRDs investment will support the issuance of the SLB with proceeds to be used to refinance Telecom Armenias existing debt and finance its growth capex plan, contributing to the Companys operational and financial sustainability. |