Bharti Telecom has four domestic bonds totaling 97.5 billion rupees maturing in November and December. (Photo: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Indian billionaire Sunil Mittal’s Bharti Telecom Ltd. is considering to offer about 150 billion rupees ($1.7 billion) of bonds as early as next week, according to people familiar with the matter.

Preliminary discussions are underway, including on terms such as tenor and pricing, the people said, asking not to be identified as the information is private. The proceeds would primarily be used for refinancing of upcoming debt maturities, they said.

A representative of the firm didn’t immediately reply to an email seeking comment.

Bharti Telecom’s unit Bharti Airtel Ltd., India’s second-largest wireless carr

See Full Page