Copying and distributing are prohibited without permission of the publisher.

Watermark

Investors put in jumbo orders for Airtel’s $3bn QIP, CB combo

Communications_Tower_2March2017_Fotolia_230x150
By Jonathan Breen
09 Jan 2020

Indian telecommunications giant Bharti Airtel made a splash in the equities market this week, bagging $2bn from a qualified institutional placement (QIP) and $1bn from a convertible bond, the first equity-linked issue in the country in more than two years. Both the deals received a big thumbs-up from investors, reports Jonathan Breen.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Jonathan Breen
09 Jan 2020