Neotel funded
Neotel, South Africa's second biggest fixed line contractor, has raised R7.5bn of debt and equity to support the construction of its network infrastructure. Nedbank, Investec and DBSA arranged the R4.4bn debt portion of the new facility, which is a full project loan taking out all existing bridge financing, including a R2bn bridge provided by the same banks in December 2006.
This content is for Subscribers only
To access full PFIe.com story content you must be a subscriber. Please use the following link to register for a Free Trial.
