E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers R > Headlines for Reliance Communication Ventures Ltd. > News item
Published on 3/21/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Reliance Communication board approves up to $500 million issue of FCCBs

By Jennifer Chiou

New York, March 21 - Reliance Communication Ventures Ltd. informed the Bombay Stock Exchange that its board authorized an up to $500 million issue of foreign currency convertible bonds.

Reliance said it will sell the securities in the international markets at a premium to the market price of its shares.

The Navi Mumbai, India, communications company's board meeting took place March 21.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.