by Amruth Sundarkumar | Jul 7, 2022 | Asian Dollar Bonds, India, Investment Grade Bonds
Bharti Airtel’s subsidiary Bharti Airtel International (Netherlands) B.V enhanced the tender offer size for its 5.35% bonds due 2024 from $300mn to $450mn on strong demand. About 48.87% of the principal amount, or $488.7mn of the bonds had been tendered at or before...
by Amruth Sundarkumar | Jun 22, 2022 | India, Investment Grade Bonds
Telecom operator Bharti Airtel’s company Bharti Airtel International (Netherlands) B.V. announced a cash tender offer for up to $300mn of its outstanding $1bn 5.35% dollar bonds due 2024. For holders who tender the bond before the early tender deadline of July 5,...
by Amruth Sundarkumar | May 27, 2022 | Credit Ratings, High Yield Bonds, India
Indian Telecom company Bharti Airtel was upgraded to an IG-status of Baa3 from Ba1 by Moody’s with a stable outlook. Moody’s also upgraded the senior unsecured bonds issued by Bharti and senior unsecured notes issued by Bharti Airtel Int’l (Netherlands)...
by bondevalue | May 18, 2021 | Asian Dollar Bonds
India’s telecom giant, Bharti Airtel announced its Q4 and year end results on Monday. Revenues for FY2021 came in at ~INR 1tn ($13.75bn), up 18.8% to YoY and consolidated EBITDA was up 32.5% YoY at INR 461.4bn ($6.3bn). However, Bharti ended the financial year...
