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Published on 1/11/2012 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

RHC holders OK prepayment waiver, redeeming Rs. 450 million of bonds

By Susanna Moon

Chicago, Jan. 11 - RHC Holding Private Ltd. said bondholders agreed to waive a prepayment condition in exchange for the redemption of Rs. 450 million of bonds.

The waiver letter was issued on Jan. 3, and investors approved amending the bonds at a meeting held on Jan. 11, according to a notice by the New Delhi-based company.


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