EGFA Abogados and Marval O’Farrell Mairal advised Telecom Argentina and JP Morgan on an additional credit line guaranteed by FinnVera

Telecom received a new line of credit guaranteed by Finland's official export credit agency, Finnvera, for an amount of up to USD 30 million aimed at acquiring equipment to continue enhancing the country's technology and communications infrastructure and to continue improving quality of fixed and mobile connectivity services in Argentina.

The loan will finance the company's investment plan, with a focus on expanding and strengthening fixed and mobile networks, with 4G in all provincial capitals, large cities in the country and more than 1800 locations, and greater coverage and broadband capacity.

Telecom Argentina was advised locally by EGFA Abogados, through its partner Baruki González and associates Delfina Lynch and Pedro Torassa. JP Morgan participated as the initial bank and was advised locally by Marval O’Farrell Mairal, through partner Diego Chighizola and associates Sergio Tálamo and Josefina Griot.