E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/3/2021 in the Prospect News Emerging Markets Daily.

New Issue: India’s Bharti Airtel sells $750 million of 3¼% notes due 2031

By Rebecca Melvin

New York, March 3 – Bharti Airtel Ltd. issued $750 million of 3¼% senior notes due 2031 on Wednesday, according to a filing with the Singapore Stock Exchange.

The lead managers and bookrunners for the Rule 144A and Regulation S deal were Barclays, BNP Paribas, Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd., J.P. Morgan Securities plc, Merrill Lynch (Singapore) Pte. Ltd., Standard Chartered Bank, DBS Bank Ltd. and SMBC Nikko Capital Markets Ltd.

Bharti Airtel is a mobile telecommunications company based in New Delhi.

Issuer:Bharti Airtel Ltd.
Issue:Senior notes
Amount:$750 million
Maturity:March 3, 2031
Bookrunners:Barclays, BNP Paribas, Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd., J.P. Morgan Securities plc, Merrill Lynch (Singapore) Pte. Ltd., Standard Chartered Bank, DBS Bank Ltd. and SMBC Nikko Capital Markets Ltd.
Coupon:3¼%
Issue date:March 3
Listing date:March 4
Distribution:Rule 144A and Regulation S

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.