Bharti banks end tough syndication
Bharti Airtel closed a $7.5bn loan to finance its acquisition of Zain’s African business on Friday after attracting four banks in general syndication. Just $955m was sold down overall — leaving the underwriters with a hefty, but not unexpected, chunk on their books.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts