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Bharti Airtel’s special committee clears issue price, other modalities of $3 billion fund raising

15 Jan 2020 Evaluate

Bharti Airtel's special committee on fund raising has priced the company’s share placement issue at Rs 445 a share, to raise $2 billion. The board also cleared an overseas bond issue to raise another $1 billion.

The Special Committee of Directors for Fund Raising of the company (the Committee) at its meeting held on January 14, 2020, approved the same.

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

Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1700.60
Railtel Corp. India 268.65
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