Wednesday, 17 October 2018

RCom risks insolvency after debt default

By Mary Lennighan, Total Telecom
Monday 20 November 17

Indian telco's asset valuations are 'optimistic' and debt conversion plan is at risk due to share price decline, analyst warns

RCom is facing the possibility of going through an insolvency process, having defaulted on debt repayments last week, according to the bond trading firm SC Lowy Financial HK. An analyst at the company told Bloomberg that the valuations RCom has placed on its assets are &quot…

RCom is facing the possibility of going through an insolvency process, having defaulted on debt repayments last week, according to the bond trading firm SC Lowy Financial HK. An analyst at the company told Bloomberg that the valuations RCom has placed on its assets are &quot…

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