Watch Our Live Call Update: RCom says holders of $300mn bond approve sale of assets to RJio- 21 Mar 2018

Wednesday 21 March 2018

RCom says holders of $300mn bond approve sale of assets to RJio- 21 Mar 2018

Reliance Communication (RCOM) announced that the holders of the company's $300 million bonds on Tuesday approved the sale of assets to Reliance Jio Infocomm Ltd and monetization of other real estate assets.The bondholders also approved release of their security on the company's assets and to accept part payment of their outstanding bonds, the company told the exchanges today. 

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