Bharti Airtel plans share issue first, bonds later to raise funds for AGR

The primary aim of private placement before tapping global debt markets; firm also looking at taking advantage of negative rates in Europe. The company is in talks with at least half a dozen foreign banks including BNP, Citibank, HSBC, Standard Chartered, Bank of America and JP Morgan.

from Markets-Economic Times https://ift.tt/2OCN8R2