Airtel plans to secure $1 billion in offshore bonds

Airtel plans to secure $1 billion in offshore bonds.

The talks are at the stage of setting up a framework; it would take some time for all regulatory approvals to come.”

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The people cited above claimed that the offshore bonds are likely to have maturities of three to five years.

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Some Indian corporations, such as the State Bank of India and Rural Electrification Corp.

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