Multinet

InfraZamin and HBL facilitates Multinet for greater digital reach and transmission across Pakistan

InfraZamin and HBL facilitates Multinet for greater digital reach and transmission across Pakistan

HBL will provide Multinet with 7-year long-term funding of PKR 2.1 billion (US$10.1 million) for its ‘Digital Infrastructure Facility’ backed by a PKR 1.57 billion (US$7.6 million) credit risk guarantee by InfraZamin Pakistan to bolster fibre optic network for greater digital reach and transmission across Pakistan. InfraZamin Pakistan’s partial credit risk guarantee cover of PKR…