EPIC UPDATE : RELIANCE COMMUNICATIONS

Reliance Communications (RCOM) has fully repaid another syndicated ECB loan of $ 500 Million (Rs 3,100 crore approximately) on the scheduled due date of January 3, 2014. RCOM had earlier this year made full scheduled repayment of 2 other syndicated ECB loans aggregating $ 1 billion (Rs, 6,200 crore), and bilateral ECB loans of more than $ 310 million (Rs 1,900 crore approximately).

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