RCOM convenes meeting with bond holders in London

Explore Business Standard
Associate Sponsors

Reliance Communications (RCOM) has convened a meeting of $300 million bond holders on March 6 in London, according to sources.
The company is seeking bond 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
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Feb 12 2018 | 10:20 PM IST