Reliance Mediaworks, an entertainment and media company, announced the redemption of about €21 million or Rs 130 crore worth of foreign currency convertible bonds. It said that of the total FCCBs of €84 million issued in 2006, a total of about €63 million were converted into equity shares. The remaining debentures were redeemed on January 25, at a premium of 122%, that is it would have repaid a sum of about Rs 160 crore these debenture holders.
indiabusinessview - Business News, Financial News, Analysis, Commentary, Views, Opinion
indiabusinessview (https://indiabusinessview.com/tag/reliance_mediworks/)