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Reliance Communications' subsidiary makes debut in international markets

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Capital Market

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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