Thursday , October 28 2021

Bharti Airtel eyeing to raise funds upto Rs 15,000 crore

Bharti Airtel is reportedly eyeing to raise funds worth Rs 12,000-15,000 crore through issue of fresh shares to repay debt and bring down borrowing costs in FY19. The move is a part of the company’s strategy to raise about Rs 30,000 crore in three tranches to meet capital expenditure, bolster cash flows, reduce debt and financing costs.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'