Reliance to raise up to $5 billion, to use it mainly for refinancing existing borrowings

Admin Admin Jan 6, 2022 01:51 60

Reliance to raise up to $5 billion, to use it mainly for refinancing existing borrowings

Reliance Industries Ltd on Saturday said its board had approved raising up to $5 billion in one or more tranches through issuance of senior unsecured US dollar denominated fixed rate notes.