Bharti Airtel’s $2 Billion Shares Offering and $1 Billion Bond Offering

AZB & Partners advised Bharti Airtel on the offering, Shardul Amarchand Mangaldas & Co represented the managers on the qualified institutions placement and foreign currency convertible bonds.

As reported in Legally India and in others online publications Bharti Airtel launched a qualified placement of shares worth $2 billion and overseas convertible bond issue for raising another $1 billion.

Bharti Airtel Limited is a global telecommunications company with operations in 18 countries across Asia and Africa.

Bankers involved in the fund raise included Axis Capital, JP Morgan, Citigroup Global Markets, BNP Paribas, BoFa Securities-DSP Merrill Lynch, Goldman Sachs, HDFC Bank and HSBC Securities and Capital Markets.

The AZB & Partners team was led by partners Madhurima Mukherjee (Picture), and Agnik Bhattacharyya, with associates Harish Choudhary, Sagar Batra and Kirtikar Srivastava.

The Shardul Amarchand Mangaldas & Co team consisted of partner Prashant Gupta, partner National Practice, Head senior associate Manjari Tyagi, associateTrishita Dasgupta, associate Maharghya Biswas Romit Raja Srivastava and associate Sanjeev Chowdhary.

Involved fees earner: Prashant Gupta – Amarchand & Mangaldas & Suresh A Shroff & Co; Sagar Batra – Azb & partners; Agnik Bhattacharyya – Azb & partners; Harish Choudhary – Azb & partners; Madhurima Mukherjee – Azb & partners; Kirtikar Srivastava – Azb & partners; Maharghya Biswas – Shardul Amarchand & Mangaldas & Co.; Sanjeev Chowdhary – Shardul Amarchand & Mangaldas & Co.; Trishita Dasgupta – Shardul Amarchand & Mangaldas & Co.; Romit Raja Srivastava – Shardul Amarchand & Mangaldas & Co.; Manjari Tyagi – Shardul Amarchand & Mangaldas & Co.;

Law Firms: Amarchand & Mangaldas & Suresh A Shroff & Co; Azb & partners; Shardul Amarchand & Mangaldas & Co.;

Clients: Axis Capital Holdings Ltd.; Bank of America Securities; Bharti Airtel Ltd.; BNP Paribas; Citigroup Global Markets Ltd; Goldman Sachs; HDFC Bank Ltd; HSBC Securities and Capital Markets (India) Private Limited; JP Morgan; Merrill Lynch International;

Author: Michael Patrini