Vodafone says 1.7 bln euros from Indus sale used to repay debt

Indus Towers

19/06/2024 07:11

LONDON, June 19 (Reuters) - British mobile group
Vodafone  VOD.L  confirmed on Wednesday it had sold an 18% stake
in India's Indus Towers  INUS.NS  for 1.7 billion euros ($1.83
billion) and would use the proceeds to repay lenders in relation
to borrowings secured against its Indian assets. 

($1 = 0.9314 euros)

 (Reporting by Sarah Young; Editing by Kate Holton)
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