PROJECT

Projects

Summary of Investment Information

Project Number

47999

Company Name

AXTEL, S.A.B. DE C.V.

Date SPI Disclosed

Dec 6, 2023

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Nov 22, 2023

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jan 22, 2026

Department

Regional Industry INF LAC & EUR

Industry

other

Previous Events

Approved : Nov 22, 2023
Signed : Dec 5, 2023
Invested : Dec 22, 2023

Sector

other

Project Description

The proposed investment entails a 7-year facility to Axtel S.A.B. de C.V. (Axtel” or “Company”) for up to US$60 million comprised of an A loan of US$40 million and mobilization of the balance.

 IFC’s financing will support a market leader providing critical digital connectivity and digital transformation services by extending the Company’s maturities, strengthening its balance sheet, and providing funds to invest in new Capex.

Associated Advisory Engagement

In connection with one of the sustainable goals that the Company has, an agreement will be reached for IFC to provide advisory services to help the Company increase the percentage of female talent in the workforce.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation