BSNL Looking to Raise $518 Million through a Bond Issue: Report
Bharat Sanchar Nigam Limited (BSNL) is looking to raise money through a bond issue in the near future. The state-run telco is aiming to raise about $518.98 million or Rs 43 billion through bonds. BSNL needs money to roll out 4G throughout India. This bond issue will carry an irrevocable guarantee from the Indian government, which would attract more investors. According to a Republicworld report (inputs from Reuters), BSNL is... Read More