MoneyWorks4Me

Bharti Airtel’s arm pre-pays over $995 million debt through recent tender offer

29 Nov 2018 Evaluate

Bharti Airtel’s subsidiary -- Bharti Airtel International (Netherlands) has pre-paid over $995 million debt as part of a recently-concluded cash purchase of its bonds. Pursuant to the settlement of the Tender Offer, $995,085,000 in principal amount of the Notes were purchased and redeemed by the company on November 27, 2018 and cancelled pursuant to the terms and conditions of the Notes. $504,915,000 in principal amount of the Notes remain outstanding.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1741.00
Vodafone Idea 12.65
Indus Towers 376.00
Tata Communications 1685.50
Railtel Corp. India 257.20
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