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PE players Temasek, GIC, others interested in investing in Bharti Airtel via QIP

Updated : January 06, 2020 12:42 PM IST

Some private equity players are keen on investing in Bharti Airtel through qualified institutional placement (QIP), sources told CNBC-TV18.

Warbug Pincus, Prudential, Capital International, GIC and Temasek are the ones that have shown interest in investing in Bharti Airtel, said the sources, who did not want to be named.

Bharti Airtel is looking to raise about $2 billion via QIP. According to the sources, Temasek and GIC are looking at investing $500 million each.

The QIP is likely to be launched in the next couple of weeks, added the sources.

Shareholders of Bharti Airtel have given their nod to proposals to raise up to $2 billion in equity and another $1 billion in debt.
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