Reliance Communications (RCOM) has convened a meeting of $300 million bond holders on March 6 in London, according to sources.
The company is seeking bond holders' approval for asset monetisation.
According to the sources, RCOM would make partial redemption of bonds at the face value.
The bonds are currently trading in the range of 32-37 per cent dscount.
--IANS
ag/tsb
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)