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Bharti Airtel’s arm planning to raise funds worth up to $250 million via perpetual bonds

12 Feb 2020 Evaluate

Bharti Airtel’s wholly owned subsidiary--Network i2i is planning to raise funds worth up to $250 million (approximately Rs 1,780 crore) through perpetual bonds. This amount will be in addition to existing securities of $750 million (around Rs 5,343 crore) that the company has raised recently.

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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