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.
