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RCom: tender is the night.

Authors :
Davis, Morgan
Source :
Global Capital; 9/3/2018, pN.PAG-N.PAG, 1p
Publication Year :
2018

Abstract

India’s Reliance Communcations (RCom) tender and exchange offer, unveiled last week, would clear the issuer’s books of its $300m 6.5% 2020 bond. But since RCom defaulted on a payment for the notes last November, it is in no position to offer investors such paltry tender and exchange terms. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20552165
Database :
Complementary Index
Journal :
Global Capital
Publication Type :
Periodical
Accession number :
131556800