For the last two years the Latin American telecoms market has been
the financing equivalent of a sure thing. The high profile BCP
Refinancing, as well as mirror concession financings such as
Vesper, attracted rabid bank and vendor interest. It may, however,
have seen its first big-ticket casualt...
Syndication and structuring for FirstMark Communication Deutschland's Eu480 million non-recourse financing for a Wireless Local Loop in Europe sets a new precedent in financial risk mitigation in the telecoms sector.
The deal comes with a financial guarantee granted on Tranche A from vendors, Siem...
The fashion for mobile phones has swept all before it in central
and eastern Europe, with take-up levels running far ahead of
forecasts. Just under 40% of the population of the Czech Republic
now has a mobile, and market penetration for Hungary and Slovakia
is at more than 25%, with largely rura...
Vendor finance securitization: Alcatel joined by Lucent?
Following last year's high profile bankruptcies of two satellite
phone systems ? Iridium LLC and ICO Global Communications ?
syndicating a $500 million satellite mobile phone financing would
be considered a challenge by any bank. But throw into the mix a
failed satellite launch (a sea-launched R...