Bharti Airtel<\/a> is believed to have appointed more than half-a-dozen investment banks, including Bank of America<\/a>, Barclays, Citigroup<\/a>, JP Morgan, HSBC<\/a>, and Standard Chartered Bank, who will help the telco<\/a> raise a shade over $1 billion (Rs 7,500 crore) via overseas bonds.

“The bonds sale is expected to be launched either this weekend or early next week,” said one of the bankers involved in the exercise.

The Sunil Mittal-led telecom carrier will meet global fixed income investors on or after February 23 towards its stated plans to raise up to Rs 7,500 crore via bonds to build a war-chest even as India’s second-largest telco needs cash to buy spectrum in the upcoming 4G auction, invest in networks and also pay statutory dues, among other needs.

“The company will meet global fixed income investors on or after February 23, following which and subject to market conditions, it will take a final decision w.r.t. issuance of foreign currency bonds\/notes, and a deal may or may not follow,”
Airtel<\/a> said in an exchange filing Monday.

But Airtel declined to respond to ET’s queries on the appointed bankers. Individual bankers could not be contacted immediately.

The overseas bonds are likely to be raised by Airtel’s Mauritius arm, Network i2i, and guaranteed by the telco.

Read also<\/h4>
\"Airtel<\/a><\/figure>
Airtel to meet global fixed income investors on Feb 23 or later ahead of Rs 7,500 cr fund-raise via bonds<\/a><\/h5><\/div>
\"Airtel<\/a><\/figure>
Airtel says developing hybrid working business solutions; plans to launch adtech platform: Report<\/a><\/h5><\/div>
\"Big<\/a><\/figure>
Big 3 telcos to conserve cash to buy 3.3-3.6 GHz spectrum in near-term 5G auction: Analysts<\/a><\/h5><\/div>
\"Jio,<\/a><\/figure>
Jio, Airtel, Vodafone Idea&#39;s EMDs suggest telcos to give 700 Mhz spectrum a miss: ICICI Securities<\/a><\/h5><\/div><\/div><\/div>
Market circles, though, said “there may be two sets of instruments, including perpetual papers and general senior overseas notes”.

Perpetual bonds are likely to be rated in the high-yield category, that is one notch lower than the general rating, pegged at the lowest rank in the investment grade.
BNP Paribas<\/a>, DBS Bank<\/a> and SMBC Nikko are among others helping the borrower, which will resume roadshows soon across the world.

Investor calls will likely take place with regions including Asia, Europe and the US starting from Tuesday. ET first wrote on the proposed fundraising in its January 18 edition.

Airtel's latest fundraise plans come after it returned to the black by posting an Rs 854 crore net profit in the December quarter after six straight quarters of losses, on the back of a one-time gain linked to the Bharti Infratel and Indus Towers merger and strong mobile broadband user adds that led to record revenue.

India’s second-largest telco has already raised some $8 billion in the last couple of years. The latest fund raise plans come after the telco recently demonstrated live 5G services on its 4G network using the 1800 Mhz band and said it can commercially launch 5G with existing 4G airwaves in a few months.

Airtel also owes the government nearly Rs 26,000 crore as adjusted gross revenue (AGR) dues.

<\/body>","next_sibling":[{"msid":81155959,"title":"Koo targets 10 cr users this year with 'micro-blog of India' tag","entity_type":"ARTICLE","link":"\/koo-targets-10-cr-users-this-year-with-micro-blog-of-india-tag\/81155959","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"81156099","title":"Airtel-","entity_type":"IMAGES","seopath":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds\/airtel-","category_name":"Airtel ropes in more than half-a-dozen investment banks to raise over $1 billion via overseas bonds","synopsis":"In December 2017, a Warburg Pincus affiliate, agreed to acquire 20% equity stake in Bharti Telemedia Limited, the DTH arm of Airtel.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-647710\/81156099.cms?width=150&height=112","link":"\/image\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds\/airtel-\/81156099"},{"msid":"66880910","title":"Minimum recharge: Here is why Airtel, Vodafone Idea could lose 60 million subscribers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/minimum-recharge-here-is-why-airtel-vodafone-idea-could-lose-60-million-subscribers","category_name":"Slide-Shows","synopsis":"Indian telecom industry could lose up to 60 million subscribers in the next six months as incumbents Vodafone Idea and Bharti Airtel aggressively push their prepaid customers to opt for minimum recharge plans. These latest packs have laid a platform on pricing i.e. almost at par with Reliance Jio's minimum tariff plan. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1278338\/66880910.cms?width=150&height=112","link":"\/slide-shows\/minimum-recharge-here-is-why-airtel-vodafone-idea-could-lose-60-million-subscribers\/66880910"}],"seoschemas":false,"msid":81156113,"entity_type":"ARTICLE","title":"Airtel ropes in more than half-a-dozen investment banks to raise over $1 billion via overseas bonds","synopsis":"Bharti Airtel is believed to have appointed more than half-a-dozen investment banks, including Bank of America, Barclays, Citigroup, JP Morgan, HSBC, and Standard Chartered Bank, who will help the telco raise a shade over $1 billion (Rs 7,500 crore) via overseas bonds.","titleseo":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds","status":"ACTIVE","authors":[{"author_name":"Saikat Das","author_link":"\/author\/479193971\/saikat-das","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479193971.cms?width=250&height=250&imgsize=73378","author_additional":{"thumbsize":true,"msid":479193971,"author_name":"Saikat Das","author_seo_name":"saikat-das","designation":"Sr Asst Editor","agency":false}},{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=250&height=250&imgsize=33990","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":3220,"shares":0,"engagementtimems":9319000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-02-22 20:10:41","lastupd":"2021-02-22 20:10:41","breadcrumbTags":["Airtel","DBS Bank","airtel news","telco","Citigroup","bank of america","BNP Paribas","Industry","HSBC","bharti airtel"],"secinfo":{"seolocation":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds"}}" data-authors="[" saikat das","kalyan parbat"]" data-category-name="" data-category_id="" data-date="2021-02-22" data-index="article_1">

Airtel绳索在超过6家投资银行通过海外债券筹集超过10亿美元

Bharti Airtel任命被认为超过6家投资银行,包括美国银行、巴克莱银行、花旗集团、摩根大通、汇丰银行(HSBC)和渣打银行(Standard Chartered Bank),世卫组织将帮助电信提高略超过10亿美元(7500卢比)通过海外债券。

Saikat Das Kalyan尔巴特
  • 发布于2021年2月22日08:10点坚持
阅读: 100年行业专业人士
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Bharti Airtel被认为是任命超过6家投资银行,包括美国银行(Bank of America)巴克莱(Barclays),花旗集团(Citigroup)摩根大通(JP Morgan),汇丰银行渣打银行(Standard Chartered Bank),世卫组织将帮助电信提高略超过10亿美元(7500卢比)通过海外债券。

“债券销售预计将于本周末或下周初,“说的银行家之一参与锻炼。

Sunil Mittal-led电信运营商将满足全球固定收益投资者或在2月23日向其表示计划通过债券募集7500卢比来构建库即使印度的第二大电信需要现金购买在即将到来的4 g频谱拍卖,还投资于网络和支付法定费,其他的需要。

广告
“公司将满足全球固定收益投资者或之后的2月23日,并受市场状况后,将最终决定w.r.t.发行外币债券/笔记,和可能会或可能不会达成协议,“附近的旅馆交换文件中称星期一。

但Airtel拒绝回答等的查询指定银行家。个人银行无法立即联系。

提出的海外债券可能Airtel毛里求斯的手臂,由电信网络i2i和保证。

读也


市场圈,说:“可能有两套仪器,包括永久的论文和通用高级海外笔记”。

永久债券可能是额定高收益的范畴,这是一个等级低于一般等级,等级最低的投资级别挂钩。法国巴黎银行(BNP Paribas),星展银行和SMBC日光等帮助借款人,将简历路演很快就在世界各地。

投资者打电话可能会发生与地区包括亚洲,欧洲和美国从星期二开始。ET第一写提出筹款在1月18日版。

Airtel的最新筹资计划来后回到黑通过发布一个854卢比12月季度净利润连续六个季度的亏损后,一次性获得有关的鼓吹和印度河塔合并和强大的移动宽带用户增加导致创纪录的收入。

广告
印度第二大电信已经筹集了大约80亿美元在过去几年。最新的基金筹集计划是电信最近演示了之后住5 g服务在其4 g网络使用1800 Mhz频带,说它可以商业发射5 g与现有4 g无线电波在几个月。

Airtel还欠政府近26000卢比调整总收入(AGR)会费。

  • 发布于2021年2月22日08:10点坚持
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Bharti Airtel<\/a> is believed to have appointed more than half-a-dozen investment banks, including Bank of America<\/a>, Barclays, Citigroup<\/a>, JP Morgan, HSBC<\/a>, and Standard Chartered Bank, who will help the telco<\/a> raise a shade over $1 billion (Rs 7,500 crore) via overseas bonds.

“The bonds sale is expected to be launched either this weekend or early next week,” said one of the bankers involved in the exercise.

The Sunil Mittal-led telecom carrier will meet global fixed income investors on or after February 23 towards its stated plans to raise up to Rs 7,500 crore via bonds to build a war-chest even as India’s second-largest telco needs cash to buy spectrum in the upcoming 4G auction, invest in networks and also pay statutory dues, among other needs.

“The company will meet global fixed income investors on or after February 23, following which and subject to market conditions, it will take a final decision w.r.t. issuance of foreign currency bonds\/notes, and a deal may or may not follow,”
Airtel<\/a> said in an exchange filing Monday.

But Airtel declined to respond to ET’s queries on the appointed bankers. Individual bankers could not be contacted immediately.

The overseas bonds are likely to be raised by Airtel’s Mauritius arm, Network i2i, and guaranteed by the telco.

Read also<\/h4>
\"Airtel<\/a><\/figure>
Airtel to meet global fixed income investors on Feb 23 or later ahead of Rs 7,500 cr fund-raise via bonds<\/a><\/h5><\/div>
\"Airtel<\/a><\/figure>
Airtel says developing hybrid working business solutions; plans to launch adtech platform: Report<\/a><\/h5><\/div>
\"Big<\/a><\/figure>
Big 3 telcos to conserve cash to buy 3.3-3.6 GHz spectrum in near-term 5G auction: Analysts<\/a><\/h5><\/div>
\"Jio,<\/a><\/figure>
Jio, Airtel, Vodafone Idea&#39;s EMDs suggest telcos to give 700 Mhz spectrum a miss: ICICI Securities<\/a><\/h5><\/div><\/div><\/div>
Market circles, though, said “there may be two sets of instruments, including perpetual papers and general senior overseas notes”.

Perpetual bonds are likely to be rated in the high-yield category, that is one notch lower than the general rating, pegged at the lowest rank in the investment grade.
BNP Paribas<\/a>, DBS Bank<\/a> and SMBC Nikko are among others helping the borrower, which will resume roadshows soon across the world.

Investor calls will likely take place with regions including Asia, Europe and the US starting from Tuesday. ET first wrote on the proposed fundraising in its January 18 edition.

Airtel's latest fundraise plans come after it returned to the black by posting an Rs 854 crore net profit in the December quarter after six straight quarters of losses, on the back of a one-time gain linked to the Bharti Infratel and Indus Towers merger and strong mobile broadband user adds that led to record revenue.

India’s second-largest telco has already raised some $8 billion in the last couple of years. The latest fund raise plans come after the telco recently demonstrated live 5G services on its 4G network using the 1800 Mhz band and said it can commercially launch 5G with existing 4G airwaves in a few months.

Airtel also owes the government nearly Rs 26,000 crore as adjusted gross revenue (AGR) dues.

<\/body>","next_sibling":[{"msid":81155959,"title":"Koo targets 10 cr users this year with 'micro-blog of India' tag","entity_type":"ARTICLE","link":"\/koo-targets-10-cr-users-this-year-with-micro-blog-of-india-tag\/81155959","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"81156099","title":"Airtel-","entity_type":"IMAGES","seopath":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds\/airtel-","category_name":"Airtel ropes in more than half-a-dozen investment banks to raise over $1 billion via overseas bonds","synopsis":"In December 2017, a Warburg Pincus affiliate, agreed to acquire 20% equity stake in Bharti Telemedia Limited, the DTH arm of Airtel.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-647710\/81156099.cms?width=150&height=112","link":"\/image\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds\/airtel-\/81156099"},{"msid":"66880910","title":"Minimum recharge: Here is why Airtel, Vodafone Idea could lose 60 million subscribers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/minimum-recharge-here-is-why-airtel-vodafone-idea-could-lose-60-million-subscribers","category_name":"Slide-Shows","synopsis":"Indian telecom industry could lose up to 60 million subscribers in the next six months as incumbents Vodafone Idea and Bharti Airtel aggressively push their prepaid customers to opt for minimum recharge plans. These latest packs have laid a platform on pricing i.e. almost at par with Reliance Jio's minimum tariff plan. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1278338\/66880910.cms?width=150&height=112","link":"\/slide-shows\/minimum-recharge-here-is-why-airtel-vodafone-idea-could-lose-60-million-subscribers\/66880910"}],"seoschemas":false,"msid":81156113,"entity_type":"ARTICLE","title":"Airtel ropes in more than half-a-dozen investment banks to raise over $1 billion via overseas bonds","synopsis":"Bharti Airtel is believed to have appointed more than half-a-dozen investment banks, including Bank of America, Barclays, Citigroup, JP Morgan, HSBC, and Standard Chartered Bank, who will help the telco raise a shade over $1 billion (Rs 7,500 crore) via overseas bonds.","titleseo":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds","status":"ACTIVE","authors":[{"author_name":"Saikat Das","author_link":"\/author\/479193971\/saikat-das","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479193971.cms?width=250&height=250&imgsize=73378","author_additional":{"thumbsize":true,"msid":479193971,"author_name":"Saikat Das","author_seo_name":"saikat-das","designation":"Sr Asst Editor","agency":false}},{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=250&height=250&imgsize=33990","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":3220,"shares":0,"engagementtimems":9319000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-02-22 20:10:41","lastupd":"2021-02-22 20:10:41","breadcrumbTags":["Airtel","DBS Bank","airtel news","telco","Citigroup","bank of america","BNP Paribas","Industry","HSBC","bharti airtel"],"secinfo":{"seolocation":"telecomnews\/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds"}}" data-news_link="//www.iser-br.com/news/airtel-ropes-in-more-than-half-a-dozen-investment-banks-to-raise-over-1-billion-via-overseas-bonds/81156113">