Two banks with a strong Latin American focus, development bank IDB Invest and multinational bank Bladex, have joined forces to provide a financing package to Millicom-owned operator Telemovil El Salvador – aka Tigo – of up to US$205 million.
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Financial insecurity looms over future of German railways
- Guest authors
- January 19, 2024
- 0
Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]