Wireless Platform Financing in Russia

Delphos assisted on a project for Russian Telecommunications Development Corporation (“RTDC”), a company established by US West to construct mobile digital cellular networks in 12 Russian cities. Building on a U.S. Trade and Development Agency’s (“USTDA”) feasibility study, the project included $200 million guaranteed debt from the Overseas Private Investment Corporation (“OPIC”) and quasi-equity facility for on-lending to individual projects in Russia and an equity investment of $7.5 million from the International Finance Corporation (“IFC”). Financing was closed and disbursed in 1996.

Details

Category

  • Telecom, Media and Technology

Client Name

US West ("RTDC")

Services Provided

  • Capital Raising

Region

  • Central & Eastern Europe

Country

  • Russia