Bharti Telecom to raise up to ₹6,000 crore debt via NCDs - Business News: Latest News & Videos about market and economy | Trendmergers

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Bharti Telecom to raise up to ₹6,000 crore debt via NCDs

Last week, Singtel sold 1.76% in Airtel through block deals for a little over ₹7,100 crore. Bulk of that stake - around 1.62% - was acquired by BTL for ₹6,604 crore, while the balance (0.14%) was acquired by public shareholders in Airtel. BTL is now raising fresh debt to part-finance the remaining 1.57% stake buy from Singtel.

from Industry-Economic Times
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