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Bharti Airtel announces successful pricing of USD 1000 million 4.375% Senior Notes

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Capital Market

Highest ever allocation (66%) to US investors in any Indian deal

Bharti Airtel announced that it has successfully priced an issuance of USD 1000 million 4.375% Senior Notes due 2025. The Notes are expected to carry a final rating of Investment Grade from Moody's, Standard & Poor and Fitch.

With 66% bonds allocated to the US investors, this is the highest ever allocation to US investors in any Indian deal, demonstrating the strong investor base Bharti has created for itself in developed markets allowing it to efficiently raise capital from world's leading fixed income investors.

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First Published: Jun 04 2015 | 7:13 PM IST

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