US-based Phoenix Tower International’s (PTI) Brazilian subsidiary Phoenix Tower Participações has secured an R$80m (US$24.8m) long-term debt financing from the International Finance Corporation (IFC). The eight-year bilateral loan will be used to fund the acquisition and site construction programme of tower assets, the lender told TelecomFinance. US-based Phoenix Tower International’s (PTI) Brazilian subsidiary Phoenix Tower Participações has secured an R$80m (US$24.8m) long-term debt financing from the International Finance Corporation (IFC). The eight-year bilateral loan […]