0
Wireless

Bharti Airtel raises USD 3 billion in issue of new shares, convertible debt

Wednesday 15 January 2020 | 14:30 CET | News
Bharti Airtel announced the completion of a USD 3 billion offering of new shares and convertible debt. The money will be used to pay outstanding regulatory fees due this month, as well as strengthen the balance sheet and finance capex. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Bharti Airtel
Countries: India
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

Published 27 May 2020 06:23 CET | India
Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to ...

Bharti Airtel kicks off USD 3 billion debt, equity offerings

Published 09 Jan 2020 09:31 CET | India
Indian operator Bharti Airtel has kicked off its issue of up to USD 3 billion in shares and convertibles, after receiving ...

Bharti Airtel to raise up to USD 3 bln through equity, debt issues

Published 04 Dec 2019 15:35 CET | India
Indian operator Bharti Airtel has approved raising up to USD 3 billion in new capital through the issue of new shares or debt. ...

Airtel to look at raising new funds after credit rating downgrade

Published 29 Nov 2019 12:36 CET | India
Indian operator Bharti Airtel announced it will hold a board meeting on 04 December to consider options for raising new funds. ...

Bharti Airtel delays results after 'adverse' court ruling

Published 29 Oct 2019 13:27 CET | India
Indian operator Bharti Airtel has delayed publication of its quarterly results to 14 November. The company said the board needed ...





Calendar   /   Industry Events

08 Mar Smith Micro Q4 2020
10 Mar MTN FY results
10 Mar Verizon Investor Day
11 Mar Comtech Telecommunications Q2
11 Mar Gogo Q4 2020
11 Mar Technicolor FY results
11 Mar T-Mobile US analysts day
12 Mar RTL Group Q4 2020
12 Mar Mobilezone Q4 2020
12 Mar AT&T analysts day
::: More Calendar Items