Fitch rates Airtel’s proposed fundraise via bonds at ‘BBB-‘, Network i2i’s planned Hybrids at ‘BB

Network i2i’s proposed subordinated perpetual notes will be rated “two notches below Airtel’s long-term Issuer Default Rating (IDR), the same as the existing 5.65% subordinated perpetual bond rated at ‘BB’, to which they will rank pari passu,” Fitch added.

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