Bharti Airtel bond

Bharti Airtel dollar bond in limbo

Bharti Airtel's dollar bond is yet to materialise amid weak market conditions and rumours of backstopping by the mandated leads.

<div style="text-align: left;"> Bharti Airtel chairman Sunil Bharti Mittal poses after unveiling the brand's new identity in November last year (AFP) </div>

Denise Wee

June 29, 2011

Bharti Airtel’s dollar bond has been in limbo since the company completed a non-deal roadshow earlier this month. Barclays Capital, Deutsche Bank, HSBC, Standard Chartered Bank and UBS are mandated as bookrunners. BNP Paribas and Credit Agricole are joint leads.

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