Reliance Communications' subsidiary makes debut in international markets

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Capital Market
Last Updated : Jul 25 2014 | 11:52 PM IST

Issues Fixed Rate Notes aggregating USD 350 million

Reliance Communications announced that its subsidiary, Global Cloud Xchange has successfully debuted in the international markets, pricing USD 350 million in 5 non-call 2 years Senior Secured Regulation S/Rule 144A Fixed Rate Notes maturing in 2019. The Notes were priced at 100% a coupon and yield of 7%.

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First Published: Jul 25 2014 | 12:10 PM IST

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