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RCOM convenes meeting with bond holders in London

IANS  |  New Delhi 

Communications (RCOM) has convened a meeting of $300 million holders on March 6 in London, according to sources.

The company is seeking holders' approval for asset monetisation.

According to the sources, RCOM would make partial redemption of bonds at the face value. The bonds are currently trading in the range of 32-37 per cent dscount.

--IANS

ag/tsb

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 22:20 IST
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