Communications said it has made full
payment of a loan amounting to over
Rs. 2,700 crore that was taken from
a group of international banks.
"Reliance Communications made full
payment of a syndicated ECB loan
facility of USD 500 million, over Rs.
2,700 crore, on the due date. The loan
was taken in 2007 from a group of
international banks," RCom said in a
statement.
RCom had reported net debt of around
Rs. 37,360 crore as on December 31,
2012.
The shares of the company were
trading at Rs. 110 a piece, up by 0.27
percent, in an afternoon session on
May 10, 2013, at BSE.
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