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Vodafone Idea seeks $1.8 billion of loans in next two years

This would be the first move in a plan to raise 250 billion rupees overall in debt, with the proceeds helping to repay operational creditors, roll out a 5G network and bid for additional spectrum

Vodafone Idea seeks $1.8 billion of loans in next two years: Report

Vodafone Idea share price: Vodafone Idea seeks Rs 15,000 cr loans in next two years

Vodafone Idea Ltd. plans to secure loans totaling 150 billion rupees ($1.8 billion) from lenders over the next two years. This is part of a larger strategy to raise 250 billion rupees in debt to repay creditors, roll out 5G, and bid for additional spectrum, following a recent $2.2 billion share sale.

Vodafone Idea Seeks $1.8 Billion of Loans in Next Two Years

(Bloomberg) Vodafone Idea Ltd. is in talks with lenders for loans totaling 150 billion rupees ($1.8 billion) in the next two years, people familiar said, as the billionaire Kumar Mangalam Birla-led wireless carrier seeks to turn around its unprofitable operations.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaTesla Axes Supercharger Team in Blow to Broader EV MarketSaudi Arabia Steps Up Arrests Of

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