Vodafone Idea unit trims bond sale as cheaper funding options emerge

Vodafone Idea unit trims bond sale as cheaper funding options emerge

Vodafone Idea Telecom Infrastructure has scaled back the size of its planned bond issuance, with the company now expected to raise around INR32 billion (US$359 million) instead of the previously targeted INR50 billion, Reuters reported, citing sources familiar with the matter.

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