Bharti Airtel offers buyers euro exposure to India
Indian telecommunications company Bharti Airtel has turned its attention to the euro market after a blow-out dollar debut earlier this year. The company has picked banks for its euro inaugural and starts investor meetings in London on Wednesday.
Barclays, BNP Paribas, Deutsche Bank, JP Morgan, Standard Chartered Bank and UBS will manage the Reg S senior euro transaction. After London they move to Amsterdam and Paris on Thursday and finish in Germany on Friday.
Diversification is Bharti Airtel’s main motivation for breaking into euros, but favourable
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