Bharti Airtel announces successful pricing of CHF bond issue

Bharti Airtel announced that its wholly-owned subsidiary Bharti Airtel International (Netherlands) B.V. has successfully priced CHF 350 Million 3% Guaranteed Senior Notes due 31-March-2020. The Notes will be fully and unconditionally guaranteed by Bharti Airtel. Bharti will apply the net proceeds to refinance its existing debt.

Bharti Airtel Ltd has informed BSE that Bharti Airtel International (Netherlands) BV, a wholly owned subsidiary of Bharti Airtel Limited has completed the pricing of CHF bond issue.In this regard, the Company has submitted to BSE a copy of Press Release dated March 13, 2014, titled "Bharti Airtel announces successful pricing of CHF bond issue" Bharti Airtel announced that its wholly-owned subsidiary Bharti Airtel International (Netherlands) B.V. has successfully priced CHF 350 Million 3% Guaranteed Senior Notes due 31-March-2020. The Notes will be fully and unconditionally guaranteed by Bharti Airtel. Bharti will apply the net proceeds to refinance its existing debt.Source : BSE

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