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BRIEF-Vodafone Says Placing In Indus Raises INR 28 Bln

ReutersJan 10, 2025 7:16 AM

- Vodafone Group PLC VOD.L:

  • INDUS TOWERS STAKE SALE AND VI SHAREHOLDING

  • PLACING RAISES INR 28 BILLION (US$330 MILLION), REPAYS INR 8.9 BILLION (US$105 MILLION) BORROWINGS

  • USED PROCEEDS FROM CAPITAL RAISE TO PAY OUTSTANDING MASTER SERVICE AGREEMENT DUES TO INDUS

Source text: ID:nRSJ8952Sa

Further company coverage: VOD.L

((Reuters.Briefs@thomsonreuters.com;))

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