New Delhi: Bharti Airtel<\/a> International (Netherlands) BV, which manages Airtel<\/a>'s Africa business, has raised tender offer to buy back up to USD 450 million (about Rs 3,550 crore) of senior notes, the country's second-largest telecom company said on Wednesday. The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of USD 1 billion due 2024. The offer commenced from June 21 and will expire on July 19, 2022.

The company's move to enhance the tender offer follows tendering of debt notes worth over USD 488 million by the bond holders.

\"The company further announces that in its sole discretion (subject to applicable law and as provided in the Tender Offer Memorandum) it has increased the Maximum Acceptance Amount in relation to the Tender Offer from USD 300,000,000 to USD 450,000,000 in aggregate principal amount of the Notes,\" Bharti Airtel said in a regulatory filing.

The company has come up with the tender offer to optimize its balance sheet and reduce debt.

Consolidated net debt excluding lease obligations for Bharti Airtel stood at Rs 1,23,544 crore as of March 31, 2022, compared to Rs 1,15,512.4 crore in the year-ago period.<\/p><\/body>","next_sibling":[{"msid":92705510,"title":"Meta open sources early-stage AI translation tool","entity_type":"ARTICLE","link":"\/news\/meta-open-sources-early-stage-ai-translation-tool\/92705510","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":92707572,"entity_type":"ARTICLE","title":"Airtel Africa enhances buy back tender offer to $450 million","synopsis":"\"The company further announces that in its sole discretion (subject to applicable law and as provided in the Tender Offer Memorandum) it has increased the Maximum Acceptance Amount in relation to the Tender Offer from USD 300,000,000 to USD 450,000,000 in aggregate principal amount of the Notes,\" Bharti Airtel said in a regulatory filing.","titleseo":"telecomnews\/airtel-africa-enhances-buy-back-tender-offer-to-450-million","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":191,"shares":0,"engagementtimems":867000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-07-06 21:46:24","lastupd":"2022-07-06 21:47:32","breadcrumbTags":["Bharti Airtel","airtel","Airtel Africa","telecom news","Industry"],"secinfo":{"seolocation":"telecomnews\/airtel-africa-enhances-buy-back-tender-offer-to-450-million"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-07-06" data-index="article_1">

Airtel非洲提高回购要约,至4.5亿美元

”该公司进一步宣布,在它的唯一的谨慎(受适用法律和规定要约备忘录),增加了最大验收数量与投标报价从300000000美元到450000000美元的本金总额的指出,“Bharti Airtel在一份监管文件中说。

  • 更新于2022年7月6日09:47点坚持
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新德里消息:Bharti Airtel国际(荷兰)BV,负责管理附近的旅馆的非洲业务,提高了收购要约回购至多4.5亿美元(约3550卢比)的高级指出,该国的第二大电信公司周三表示。公司发出收购要约购买价值3亿美元的5.35%的保证10亿美元2024年到期的高级笔记。提供从6月21日开始,将7月19日到期,2022年。

公司搬到提高债务的收购要约之前招标指出价值超过4.88亿美元的债券持有人。

”该公司进一步宣布,在它的唯一的谨慎(受适用法律和规定要约备忘录),增加了最大验收数量与投标报价从300000000美元到450000000美元的本金总额的指出,“Bharti Airtel在一份监管文件中说。

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公司提出收购要约,优化其资产负债表,减少债务。

合并净债务排除租赁义务Bharti Airtel站在Rs 1, 23544卢比的截至3月31日,2022年,Rs 1相比,较去年同期增长15512。4卢比。

  • 发布于2022年7月6日09:46点坚持
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New Delhi: Bharti Airtel<\/a> International (Netherlands) BV, which manages Airtel<\/a>'s Africa business, has raised tender offer to buy back up to USD 450 million (about Rs 3,550 crore) of senior notes, the country's second-largest telecom company said on Wednesday. The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of USD 1 billion due 2024. The offer commenced from June 21 and will expire on July 19, 2022.

The company's move to enhance the tender offer follows tendering of debt notes worth over USD 488 million by the bond holders.

\"The company further announces that in its sole discretion (subject to applicable law and as provided in the Tender Offer Memorandum) it has increased the Maximum Acceptance Amount in relation to the Tender Offer from USD 300,000,000 to USD 450,000,000 in aggregate principal amount of the Notes,\" Bharti Airtel said in a regulatory filing.

The company has come up with the tender offer to optimize its balance sheet and reduce debt.

Consolidated net debt excluding lease obligations for Bharti Airtel stood at Rs 1,23,544 crore as of March 31, 2022, compared to Rs 1,15,512.4 crore in the year-ago period.<\/p><\/body>","next_sibling":[{"msid":92705510,"title":"Meta open sources early-stage AI translation tool","entity_type":"ARTICLE","link":"\/news\/meta-open-sources-early-stage-ai-translation-tool\/92705510","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":92707572,"entity_type":"ARTICLE","title":"Airtel Africa enhances buy back tender offer to $450 million","synopsis":"\"The company further announces that in its sole discretion (subject to applicable law and as provided in the Tender Offer Memorandum) it has increased the Maximum Acceptance Amount in relation to the Tender Offer from USD 300,000,000 to USD 450,000,000 in aggregate principal amount of the Notes,\" Bharti Airtel said in a regulatory filing.","titleseo":"telecomnews\/airtel-africa-enhances-buy-back-tender-offer-to-450-million","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":191,"shares":0,"engagementtimems":867000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-07-06 21:46:24","lastupd":"2022-07-06 21:47:32","breadcrumbTags":["Bharti Airtel","airtel","Airtel Africa","telecom news","Industry"],"secinfo":{"seolocation":"telecomnews\/airtel-africa-enhances-buy-back-tender-offer-to-450-million"}}" data-news_link="//www.iser-br.com/news/airtel-africa-enhances-buy-back-tender-offer-to-450-million/92707572">