Bharti Airtel’s Mauritius based wholly-owned subsidiary--Network i2i has raised $250 million (approximately Rs 1,780 crore) through perpetual bonds offering an yield of 5.65 percent. Airtel is among the few domestic companies, including Reliance and SBI, to issue perpetual bonds which do not prescribe a maturity date but can go up to 100 years. The latest fund raise is in addition to existing securities of $750 million (around Rs 5,343 crore) that the company garnered recently.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
