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Bharti Airtel planning to raise funds up to $1 billion

01 Oct 2019 Evaluate

Bharti Airtel is planning to raise funds up to $1 billion (about Rs 7,000 crore) via a bond issue by its subsidiary Network i2i. The proceeds from the issue will be utilized for pruning debt of Bharti Airtel.

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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