S&P said that a stable outlook reflects its expectation that Bharti Airtel will pay down debt as earnings and cash flows strengthen, while maintaining a supportive leverage tolerance for the 'BBB+' rating over the next 12-24 months.
S&P Global has upgraded Bharti Airtel's credit rating to BBB+, citing strong business growth across its African and Indian operations. The upgrade reflects S&P's expectation that the company will reduce its debt as earnings and cash flows strengthen, maintaining a stable outlook…
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