Global Cloud Xchange (GCX) has announced that the July 31, 2019, forbearance agreement that was entered into by 87 percent of its bondholders has been further extended until 5:00pm (EDT) on September 13, 2019, the company said.
The extension provides additional time to discuss options related to the USD 350m 7.00% Senior Secured Notes issued by GCX Limited
Global Cloud Xchange (GCX), a subsidiary of Reliance Communications, offers a comprehensive portfolio of solutions customized for carriers, enterprises and new media companies. GCX owns the world´s largest private undersea cable system spanning more than 68,000 route kms which, seamlessly integrated with Reliance Communications´ 200,000 route kms of domestic optic fiber backbone, provides a robust Global Service Delivery Platform.
