Reliance Communications Assures Lenders Repayment of Rs. 25,000 Crore
Reliance Communications, the Anil Ambani-led telecom operator, said that it has formally advised all its lenders that it will be making repayment of an aggregate amount of Rs 25,000 crore from the proceeds of Aircel and Brookfield transactions. "The said amount will cover not only all scheduled repayments but also include substantial pre-payments to all lenders on a pro-rata basis," RCom spokesperson stated in a statement. RCom said that it... Read More
