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Bharti Airtel to test views on debt cut efforts with overseas bond issue

The wireless carrier is planning to sell a dollar perpetual bond -- debt with no set maturity -- as early as October 8

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Denise Wee | Bloomberg
International bond investors may get a chance in coming days to weigh in on Indian wireless carrier Bharti Airtel Ltd.’s efforts to pare debt, with market signs indicating enthusiasm for the push.

The wireless carrier is planning to sell a dollar perpetual bond -- debt with no set maturity -- as early as October 8, according to a person familiar with the matter. Its existing dollar notes due 2025 have rallied to a three-year high of 104 cents, after the company said last month it plans to retire a substantial part of its debt by utilizing proceeds from the IPO of