Bharti Airtel to raise up to $3 bn via bonds, shares

Date posted: Thursday 5 December 2019

Indian telecom operator Bharti Airtel Ltd  plans to raise up to $3 billion via debt and equity, as it looks for ways to pay down overdue fees it owes the government. it will raise $2 billion via qualified institutional placement and $1 billion via bonds and debentures.

(VC Circle)