Reliance
Communications (RCom) has completed securitisation of proceeds under
the Rs 1200 crore ($200 million) inter-city Fibre Agreement signed with
Reliance Jio Infocomm in April 2013. The proceeds from securitisation
have been utilized to repay high cost rupee debt, resulting in
significant interest cost savings for RCom. The securitisation has been
completed with Indian and foreign banks. - See more at:
http://www.epicresearch.co/blog/#sthash.ohbaLVrm.dpuf
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