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27.03.2015 09:11:00

Bharti Airtel Ltd. -- Moody's: Bharti Airtel's Baa3 rating can absorb record-high spectrum payments

Hong Kong, March 27, 2015 -- Moody's Investors Service says that Bharti Airtel Ltd.'s spectrum payments of INR291 billion ($4.6 billion) can be accommodated in its Baa3 issuer rating with a stable outlook, as the company will likely opt for a deferred payment structure. This structure minimizes the upfront cash outflow and stretches out payments over a 12-year period, which Bharti can comfortably fund from cash flow.

Vollständigen Artikel bei Moodys lesen