Wednesday, October 30, 2019

Fitch places Bharti Airtel on 'rating watch negative' on Supreme Court ruling

Fitch Ratings has placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling. Fitch placed Bhariti's 'BBB-' Long-Term Foreign-Currency Issuer Default Rating (IDR) on Rating Watch Negative (RWN) as well as its and Bharti Airtel International (Netherlands) BV's senior unsecured bonds and Network i2i's subordinated perpetual bonds on RWN.

from Gadgets Now https://ift.tt/2WpofdM

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