Bharti Airtel on Wednesday said that it has approached investors for issuance of debt instruments in the form of USD denominated Senior Unsecured Notes.
The notes are expected to be rated 'BBB-' (Fitch)/'BBB-' (S&P)/ 'Baa3' (Moody's), the company said in the BSE filing.
"The proceeds Capital expenditure in compliance with end-use guidelines set forth in the Master Circular by RBI, and all laws and regulations of India applicable to the Company," it said.
The bonds are expected to be listed in Singapore Stock Exchange and expected tenure is 10 years.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google