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Moody’s assigns ‘Ba3’ rating to RCom’s senior secured notes

07 May 2015 Evaluate

International rating agency, Moody’s Investors Services has assigned ‘Ba3’ rating with stable outlook to Reliance Communications’ Senior Secured Notes of 6.5% due 2020 of $300 million. Moreover, Fitch Ratings has assigned ‘BB-’ rating with stable outlook to the company’s Senior Secured Notes of 6.5% due 2020 of $300 million. These ratings are at the same level as the company’s Issuer-level Ratings assigned earlier by Fitch and Moody’s i.e. BB- and Ba3 rating with stable outlook, respectively.

RCom is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.

Reliance Comm Share Price

1.05 0.00 (0.00%)
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