New Delhi: Bharti Telecom is getting ready to raise about one billion dollars through a new bond sale, marking its second major debt issue in just two months, according to people familiar with the plan. The company is expected to offer bonds worth around ninety billion rupees with maturities of two and three years.

Market sources say the bonds are likely to carry coupon rates of about 7.25 percent and 7.35 percent. The fresh fundraising is mainly aimed at refinancing upcoming debt, including a large bond repayment of more than seventy billion rupees due in December.

The company made a similar move in October when it raised over one hundred billion rupees through bonds at slightly higher interest rates. Investors are showing strong interest this time as well, helped by Bharti Telecom’s r

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