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Debt watch: Moody's puts Bharti rating on review for downgrade

Friday, November 9, 2018, 2:30 PM

Moody's Investors Service said that it has placed on review for downgrade the Baa3 issuer and senior unsecured rating of Bharti Airtel and the ratings on the backed senior unsecured notes issued by Bharti's wholly-owned subsidiary, Bharti Airtel International (Netherlands) BV. Says review will focus on telco's commitments and plans to substantially reduce debt levels over a short period of time.

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