Telecom operator Bharti Airtel on Wednesday said it has raised $750 million (about Rs 5,330 crore) from investors based in Asia, Europe and the US through a hybrid financial instrument.
Bharti Airtel said in a statement that “its wholly-owned subsidiary Network i2i Limited, has priced ... Offering of $750 million 5.650 per cent subordinated perpetual securities.”
A perpetual bond is a fixed income security with no maturity date that yields a steady flow of interest payments.
