SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bharti Airtel’s arm clears dues worth $450 million

11 Jul 2022 Evaluate

Bharti Airtel’s subsidiary -- Bharti Airtel International (Netherlands) B.V. has cleared dues worth $450 million (Rs 3,565 crore) by purchasing notes through a tender offer. The company had issued a tender offer to purchase $300 million worth of its 5.35 per cent guaranteed senior notes of $1 billion due 2024. The offer commenced on June 21 and will expire on July 19, 2022. Later it raised a tender offer to buy back up to $450 million. $450,000,000 in aggregate principal amount of Notes (representing 45 per cent of the total principal amount outstanding of the Notes) were cancelled on July 7, 2022. The aggregate principal amount of Notes that remain outstanding as of July 7, 2022, is $550,000,000.

The company's move to enhance the tender offer follows tendering of debt notes worth over $488 million by the bondholders. The company has come up with a tender offer to optimise its balance sheet and reduce debt.

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

Bharti Airtel Share Price

1769.70 11.55 (0.66%)
12-May-2026 11:45 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1769.70
Vodafone Idea 11.79
Indus Towers 407.30
Tata Communications 1554.40
Bharti Hexacom Ltd. 1467.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×