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Airtel Africa's Dutch hold-company completes $550 million bond repayment

During Airtel Africas IPO back in June 2019, the (Airtel Africa) Group had $2,719 million of external debt at the HoldCo level, which had resulted in significant exposure to currency fluctuations and the reliance on upstreaming funds to cover both interest costs and the principal repayment.
Airtel Africa Bharti Airtel Africa Airtel Africa Group Bharti Airtel International Netherlands Bharti Airtel International Guaranteed Senior Notes

Bharti Airtel: Airtel Africa's Dutch hold-co completes $550 million bond repayment, ET Telecom

Bharti Airtel: It added that the $550 million bond repayment was made exclusively out of cash reserves at the holding company (HoldCo) and is a continuation of its strategy to reduce external foreign currency debt.
West Bengal Airtel Africa Bharti Airtel Africa Airtel Africa Group Bharti Airtel International Netherlands Bharti Airtel International

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