Fitch affirms Bharti Airtel’s ‘BBB-‘ rating, reflecting solid balance sheet

New Delhi: Fitch Rating has affirmed the outlook on Bharti Airtel’s long-term foreign-currency issuer default rating (IDR) and senior unsecured as stable, affirming its rating at ‘BBB-‘.

The Singapore-based ratings agency has also affirmed Bharti Airtel International (Netherlands) B.V’s senior unsecured guaranteed bonds at ‘BBB-‘, and Network i2i Limited, another Airtel subsidiary’s subordinated perpetual bond, at ‘BB’.