Tag: FCCB

Bharti Airtel raises $3 bn post QIP and FCCB Offering

Bharti Airtel, India’s integrated telecommunications company has announced the successful fund raising exercise through completion of Qualified Institutional Placement (“QIP”) and pricing of Foreign Currency Convertible Bonds (“FCCBs”). The transaction is the largest dual tranche Equity and FCCB offering ever in Asia-Pacific, the largest QIP by a private sector issuer ever in India and the…