RComm: Infratel sale a significant trigger
High debt a key overhang for the stock, which has underperformed peers and broader markets07-05-2015
07-05-2015
Credit Ratings for Senior Secured Notes
Reliance Communications Ltd has informed BSE that Fitch Ratings (Fitch) and Moodys Investors Services (Moodys), International rating agencies, have assigned BB- and Ba3 (Stable outlook) rating respectively, to Companys Senior Secured Notes of 6.5% due 2020 of USD 300 million. These ratings are at the same level as RComs Issuer-level Ratings assigned earlier by Fitch and Moodys i.e. BB- and Ba3 (Stable Outlook) respectively.07-05-2015
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
Reliance Innoventures Pvt Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE06-05-2015
Reliance Communications Looking to Monetise Tower Assets
The country's No. 4 telecom operator, which had a net debt burden of close to $6 billion at the end of 2014, has been looking to divest assets to reduce debt levels and focus on its core business.06-05-2015
Reliance Communications Ltd reply to clarification sought by the exchange
The Exchange had sought clarification from Reliance Communications Ltd with respect to news appearing in The Economic Times on May 6, 2015 titled "RCom Looks to Walk Out of Tower Business" Reliance Communications Ltd replied stating "We wish to inform you that as part of already announced plans to substantially reduce the Company's overall debt, the Company keeps exploring and analyzing various strategic alternatives....06-05-2015
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd with respect to news article appearing in The Economic Times on May 6, 2015 titled "RCom Looks to Walk Out of Tower Business." The reply is awaited.06-05-2015
Reliance Communications Jumps 11% on Value Buying
Last week Reliance Communication had announced the launch of 6.5 per cent coupon senior secondary notes amounting to $300 million having a tenor of 5.5 years.05-05-2015
RCOM Reduces Roaming Charges
Reliance Communications Ltd has informed BSE regarding a Press Release dated April 30, 2015 titled "RCOM Reduces Roaming Charges".30-04-2015
Reliance Communications raises $300 million
The tenure of these are 5.5 years and the coupon rate is 6.5 per cent28-04-2015
Reliance Communications gains on raising $300 million
The Senior Secured Notes with a tenure of 5 1/2 years due in 2020 carry a coupon rate of 6.5% per annum, payable semi annually28-04-2015