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RCOM convenes meeting with bond holders in London

Monday - February 12, 2018 10:20 pm , Category : BUSINESS
 RCOM convenes meeting with bond holders in London
RCOM convenes meeting with bond holders in London

New Delhi Feb 12 (IANS) 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