MoneyWorks4Me

Bharti Airtel informs about company updates

25 Feb 2021 Evaluate

Bharti Airtel has informed that Network i2i, a Mauritius based wholly owned subsidiary of the Company has successfully priced the issuance of U.S.$500,000,000 3.975 per cent. Subordinated Perpetual Securities the details of which are enclosed. This forms a part of total debt fund raise of US$ 1.25 Billion by the Company through issuance of its first-ever dual tranche of US$ bond offering including the aforesaid Issue of US$ 500 million and Issue of Unsecured Senior Fixed Rate Notes of US$ 750 million by the Company.

The above information is a part of company’s filings submitted to BSE.

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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