Accordingly, the payment was made to the
"The prepayment is for installments due in FY 2027 and FY 2028," the company said in a statement.
"Over the last four months,
As per the statement, these liabilities carried an interest rate of 10 per cent and have been paid off through a combination of strong free cash generated by business, equity proceeds and significantly lower cost debt of similar tenor.
"Airtel continues to focus on financial flexibility via its capital structure, including optimising cost of financing and capitalising on all opportunities of significant interest saves like this prepayment."
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