Bharti Airtel To Raise Rs 7500 Crore In Debt
Bharti Airtel’s board has approved a Rs 7500 crore fundraise via non-convertible debt instruments such as bonds, debentures, etc. The telco can raise this amount in tranches or at one go, depending on the need. Through a listing in the stock exchanges on Tuesday, Airtel’s board approved for another fundraiser. It is worth noting that just in the previous quarter, Airtel had raised Rs 21,000 crore via a rights issue....