The Business Times
business-time-50
SUBSCRIBERS

Singtel associate Bharti Airtel raises US$3b in bonds, shares

google-preferred-sourceAdd BT as a preferred source
Fiona Lam

Fiona Lam

Published Wed, Jan 15, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

SINGTEL'S Indian associate telco Bharti Airtel on Wednesday raised US$1 billion in foreign-currency convertible bonds (FCCB) and an additional US$2 billion through a share placement under a mega fundraising exercise.

To be listed on the Singapore Exchange, the 1.5 per cent bonds due 2025 are rated BBB-/RWN by Fitch Ratings.

SingtelBharti AirtelBondsprivate placement

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

At MHA, Pang led the ministry’s efforts to deal with security threats such as foreign interference and scams, and its responses in critical and sensitive operations. 

Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire

Andrew Lee, chairman of OCBC (right), and group chief executive Tan Teck Long speaking at Thursday's (Apr 16) AGM.

Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman

Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More