Waiting for Ambani Tests Patience of Billionaire's Bondholders

Updated on
  • No major asset sales completed since September announcement
  • Reliance Communications dollar bond yield has surged this year

Anil Ambani.

Photographer: Mint/Hindustan Times via Getty Images

Billionaire Anil Ambani’s progress in winning confidence of creditors last year is being eroded by a global market rout and delays in delivering on asset-sale promises.

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