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Tuesday, June 11, 2024

Bharti Airtel converts $49.87 mn foreign debt bond into equity

Airtel had raised USD 1,000 million through foreign currency convertible bonds in January 2020 that were convertible into the company's fully-paid up equity shares of Rs 5 each at any time on or after February 27, 2020, and up to the close of business hours on February 7, 2025, at the option of the FCCB holders.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/5M4LHOu

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