Markets

News Details

( 12 Feb 2020)
Bharti Airtel - Proposed Issuance Of USD Denominated Fixed Rate, Unsecured, Guaranteed Perpetual Securities By Subsidiary Com

We are pleased to inform you that Network i2i Limited, a Mauritius based wholly owned subsidiary of the Company, through Joint Book runners and Joint Lead Managers, has approached investors for the proposed additional issuance of USD 5.65 per cent. Subordinated Perpetual Securities guaranteed by Bharti Airtel Limited to be consolidated and form a single series with the U.S.$750,000,000 5.65 per cent. Subordinated Perpetual Securities guaranteed by Bharti Airtel Limited issued on 15 October 2019 (subject to final pricing guidance/book building process), the inter-alia details of which are as submitted.