Bharti Airtel’s subsidiary -- Bharti Airtel International (Netherlands) B.V. has issued a tender offer to buy back up to $300 million (about Rs 2,348 crore) of senior notes. The company's tender offer to purchase $300 million worth of its 5.35 per cent guaranteed senior notes of $1 billion due 2024 has commenced from June 21 and will expire on July 19, 2022. The purpose of the tender offer is to optimize its balance sheet and reduce debt.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
