India New Issue-Vodafone Idea Telecom Infrastructure issues multiple tenor bonds

Vodafone Idea

19/12/2025 11:04

MUMBAI, Dec 19 (Reuters) - India's Vodafone Idea Telecom Infrastructure, a wholly-owned subsidiary of telecom operator Vodafone Idea VODA.NS, has raised 33 billion rupees ($368 million) through sale of bonds maturing in two years and in three years and two months, the company said in a notice to stock exchanges on Friday.

The company raised 30 billion rupees through via two-year bonds at a yield of 12%, and 3 billion rupees through three-year and two-month bonds at a yield of 14%.

In November, Reuters had reported that the company slashed the size of its planned bond sale, citing expectations of securing cheaper funding from lenders in 2026.

 Here is the list of deals reported so far on December 19:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Vodafone Idea Telecom Infrastructure
2 years
12.00% (yield)
30
NA
-
Vodafone Idea Telecom Infrastructure
3 years and 2 months
14.00% (yield)
3
NA
-

*Size includes base plus greenshoe for some issues

($1 = 89.6710 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

 ((Dharamraj.dhutia@tr.com))