Updated: Bharti Airtel tackles debt load with $750m hybrid deal
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Updated: Bharti Airtel tackles debt load with $750m hybrid deal

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Indian telecommunications company Bharti Airtel’s efforts this year to deleverage were capped with the issuance of a subordinated perpetual $750m bond on Tuesday. The deal, alongside further stake sales planned for the rest of 2019, puts the company on track for a more stable debt profile. Morgan Davis reports.

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