telecom

newcom
telecommunications / central america

Newcom Limited is a leading facilities-based provider of broadband communications solutions, services and infrastructure in Central America. Headquartered in Guatemala, the Company offers broadband voice, data, and video services to the corporate and government sectors, both locally and regionally, primarily via its fixed wireless access network to five Central American countries; Guatemala, Costa Rica, Honduras, Nicaragua, and Panama.

Delphos International secured a $9.7 million OPIC loan, with project costs totaling approximately $15 million. The loan provided for an expansion of the company's network and increased the services offered within their network. Newcom expanded its network and increasing the services that they offer within their network. An additional advantage to the loan was that Newcom was able to remove short-term, high cost debt. The loan was completed without the necessity of guarantors, removing the obligations of the shareholders from a pervious.

 

telekom srbija
telecommunications / serbia & montenegro

Delphos International acted as a financial consultant on a $253,000 USTDA Feasibility Study for Telekom Srbija, the state-owned telecommunications operator in Serbia. During the course of the study, Delphos International assisted in developing and implementing appropriate business and market research tools and analyzed Telekom Srbija's borrowing capacity and creditworthiness.

 

euro tel bratislava
telecommunications / slovakia

One of the First IFC Euro-Denominated Financings

As financial advisor to Euro Tel Bratislava, a joint venture between the MediaOne Group, Bell Atlantic, and Slovak Telecom, Delphos International arranged $10 million in non-recourse senior debt and $20 million in subordinated debt from the International Finance Corporation (IFC). Delphos International also arranged $17 million in political risk insurance coverage from MIGA. Agreements with IFC and MIGA were signed less than five months after the initial requests. The IFC loan was part of a $200 million financing package provided by a syndicate of banks. This transaction was 100% financed. Because of unanticipated competitive pressures, the loan facilities had to be replaced with flexible, high-yield debt. On behalf of the sponsors, Delphos International negotiated the early retirement of the IFC and MIGA facilities while minimizing prepayment penalties.