Wireless Expansion Project in the Slovak Republic

Delphos successfully raised $80 million in long-term limited recourse debt and political risk insurance for a wireless expansion project in the Slovak Republic sponsored by MediaOne (subsequently acquired by Deutsche Telekom) and Verizon. The firm prepared information memoranda for International Finance Corporation (“IFC”) and Multilateral Investment Guarantee Agency (“MIGA”) and negotiated favorable financing terms with the two agencies. Subsequently, the firm helped negotiate the early termination of these tranches as the company refinanced its prior obligations with a high-yield bond.



  • Telecom, Media and Technology

Client Name


Services Provided

  • Capital Raising


  • Central & Eastern Europe


  • Slovakia