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Bharti Airtel raises USD 1 25 bn through Dual-Tranche Bond issuance

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. Powered by Capital Market - Live News

Airtel raises $750 mn via allotment of unsecured senior fixed rate notes

Telecom company Bharti Airtel on Wednesday said it has raised USD 750 million through allotment of unsecured senior fixed rate notes to eligible investors. The notes will be listed on the Singapore Exchange Securities Trading Limited, Bharti Airtel said in a statement. .we wish to inform you that upon the approval of the Special Committee of Directors for debt fund raising, the company has raised USD 750,000,000 on March 03, 2021 through allotment of Unsecured Senior Fixed Rate Notes.due 2031 to the eligible investors., Airtel said in a regulatory filing. Also, the allotment of USD 500 million subordinated perpetual securities has been completed by Network i2i Limited, a Mauritius-based wholly-owned subsidiary of the company.

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