Bharti Hexacom, a subsidiary of Bharti Airtel, is reportedly raising up to Rs 15 billion through local bonds.
According to industry sources, the bonds will likely offer 6 per cent with three-year maturity. The papers will mature in January 2024.
Further, it is learnt that the funds could be used for the long-delayed buy back of TCIL’s 30 per cent stake in the company.
