Indian billionaire Sunil Mittal’s Bharti Telecom is reportedly considering a substantial 150 billion rupee ($1.7 billion) bond offering as early as next week. The proceeds are primarily earmarked for refinancing upcoming debt maturities, including 97.5 billion rupees due in November and December. This potential issuance would be the company’s largest-ever rupee bond sale, supporting its unit Bharti Airtel’s ongoing expansion.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets