Business Standard

Bharti Airtel raises USD 1.25 bn through Dual-Tranche Bond issuance

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Capital Market
Bharti Airtel has raised U.S.$750,000,000 on 03 March 2021 through allotment of Unsecured Senior Fixed Rate Notes i.e. U.S.$750,000,000 3.25 per cent. Senior Notes due 2031 (Notes) to the eligible investors pursuant to Rule 144A and Regulation S of the US Securities Act, 1933 and the applicable laws. The Notes shall be listed on the Singapore Exchange Securities Trading.

Further, the allotment of U.S.$ 500,000,000 3.975 per cent. Subordinated Perpetual Securities has also been completed by Network i2i Limited, a Mauritius based wholly owned subsidiary of the Company. The Perpetual Securities shall be listed on the Singapore Exchange Securities Trading.

 

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First Published: Mar 04 2021 | 8:54 AM IST

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