Bharti Telecom accepts ₹8,500 crore in bond bids
pre-market1 source ↓written by the desknot a recommendation
- for bonds maturing
- ₹8,500 crore
- annual coupons
- 7.30%
- on these bonds
- 7.40%
Bharti Telecom has accepted bids totaling ₹8,500 crore for bonds maturing in two years and three years. The company will offer annual coupons of 7.30% and 7.40% on these bonds. This issuance reflects strong market interest and may enhance liquidity for the company in the near term. 📈
The bonds are rated AAA by Crisil, indicating high credit quality, which could attract further institutional investment.
Not investment advice. For informational purposes only.