Becker Glynn Represents IFC in an up to USD$450 Million Financing to Telecom Argentina, a Leading Telecommunication Company in Argentina

The Firm served as international transaction counsel to International Finance Corporation (IFC) in connection with a loan for up to $450 million to Telecom Argentina, one of the leading telecommunications companies in Argentina. The financing will contribute to Telecom’s plan of expanding broadband coverage in the country focusing on underserved regions. The closing of the transaction occurred in March 2019. The Firm was pleased to assist with the continuation of inbound debt investments into Argentina, reinvigorated since the re-opening of the economy to international investment under President Macri's administration.