Market Ticker

Translate

Tuesday, February 16, 2010

Bharti readies debt financing for Zain buy - source

Bharti Airtel, which has offered $10.7 billion for Kuwaiti telecom Zain's African assets, is likely to finance nearly all the deal's purchase price with foreign currency loans, a person familiar with the matter said on Tuesday.Standard Chartered and Barclays are advising India's largest telecoms firm on both the merger and its funding, the person said.Television channel ET Now said Bharti was in talks with Barclays, StanChart, State Bank of India, Goldman Sachs and Nomura on funding the deal.

No comments:

Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jul 14
21:00 6-Month Bill Auction 1 4.125% 4.145%
21:00 3-Month Bill Auction 1 4.245% 4.255%
23:30 BoE's Governor Bailey speech 3
Tuesday, Jul 15
04:31 BRC Like-For-Like Retail Sales (YoY) 2 2.7% 0.2% 0.6%
06:00 Westpac Consumer Confidence 2 0.6% 0.5%
17:30 OPEC Monthly Market Report 1
17:45 Housing Starts s.a (YoY) 1 262.5K 279.5K
18:00 NY Empire State Manufacturing Index 2 -8 -16
18:00 Consumer Price Index Core s.a 1 326.85
18:00 Manufacturing Sales (MoM) 1 -1.3% -2.8%
Economic Calendar >> Add to your site

Best Mutual Funds

Recent Posts

Search This Blog

IPO's Calendar

Market Screener

NSE BSE Tiker

Custom Pivot Calculator

Popular Posts

Market & MF Screener