Bharti Airtel Informs BSE About Rs 16,500 Crore Fund Raise Through Non-Convertible Debentures
Bharti Airtel board today approved the company's plans to raise up to Rs 16,500 crore through privately placed non-convertible debentures (NCDs) and a foreign currency bonds float. The fundraising is to conduct treasury operations including refinancing of debt and spectrum liabilities. The board of directors at Airtel in its meeting held today approved the NCDs issuance of Rs 10,000 crore along with the issuance of foreign currency bonds up to... Read More