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Post-Zain deal: S&P lowers Airtel's credit rating

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  • Published On: June 09, 2010
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Rating agency Standard & Poor's has lowered Bharti Airtel's credit rating in view of its large debts to fund its deal to buy Zain's Africa business. S&P lowered Bharti's long-term corporate credit rating to 'BB+' from 'BBB-'.

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