Vodafone is planning to partially fund its $11.1 billion cash bid for Hutchison Telecom International Limited (HTIL)’s 67 per cent stake in Hutchison Essar Limited (HEL) through a $3.5 billion debt facility.
According to sources, a mandate has been given to BNP Paribas, Lloyds TSB, Banco Santander and UBS to arrange the facility.
