PROJECT

Projects

Summary of Investment Information

Project Number

44302

Company Name

ROBI AXIATA LIMITED

Date SPI Disclosed

Dec 15, 2020

Country

Bangladesh

Region

South Asia

Projected Board Date

Nov 23, 2020

Environmental Category

B - Limited

Status

Active

Last Updated Date

Dec 16, 2020

Department

Regional Industry - INF Asia & Pac

Industry

Telecommunications and Technology

Previous Events

Approved : Nov 23, 2020
Signed : Dec 8, 2020
Invested : Dec 14, 2020

Sector

Mobile Telephony

Project Description

The proposed investment involves a corporate A-loan of up to $95 million in Robi Axiata Limited (“Robi or “the Company” on IFC’s own account. The proceeds of IFC’s proposed debt investment will be used to partially finance the capex program of the company for 2020-2021, including its network upgrades and expansion and spectrum acquisition (the “Project”).

This project is linked to Robi Axiata II  https://disclosures.ifc.org/#/projectDetail/SII/36136

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation