Global Trade Alert
Global Trade Alert

Australia: USD 1.33 billion financing provided to Telstra Corporation Limited for the acquisition of Digicel Pacific

Announcement

25 Oct 2021

The Australian government has announced a package to support the acquisition of Digical Pacific by Telstra Corporation Limited.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Oct 2021

Revocation date:

No revocation date

Updated: 25 Oct 2021
Financial assistance in foreign market In force
On 25 October 2021, the Australian government announced that it would provide, through the Australian Export Finance Agency (EFA), a 10-year non-recourse debt facility worth USD 720 million to Telstra...
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Updated: 25 Oct 2021
Financial assistance in foreign market In force
On 25 October 2021, the Australian government announced that it would invest, through the the Australian Export Finance Agency (EFA), USD 610 million in "equity-like securities" in Telstra Corporation...
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