Bharti Airtel Ltd.

Bharti Airtel is reportedly marketing for an offering of 10-year US dollar benchmark bonds to yield around 220bp over US Treasuries. The notes are expected to be rated ‘Baa3/BBB-/BBB-’. Bank of America Merrill Lynch, Barclays, BNP Paribas, Deutsche Bank, HSBC and Standard Chartered are joint book-runners.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.