Billionaire Ambani's Reliance Industries Eyes Rs 10,000 Cr Debt Fundraise: Sources

Reliance Industries Stock Update: Share Price Edges Up Amid Debt Plans

Reliance Industries (NSE: RELIANCE) share price is at ₹1,220.40, up 0.10% in intraday trade, as the company reportedly plans a ₹10,000 crore debt fundraise. Reliance Industries Stock Update: Share Price Edges Up Amid Debt Plans.

Reliance plans up to $1 billion in local currency bonds

The company aims to issue AAA rated notes due in 10 years

Ambani’s Reliance Plans Up to $1 Billion in Local Currency Bonds

Billionaire Mukesh Ambani’s Reliance Industries Ltd. is planning to raise as much as 100 billion rupees ($1 billion) through local-currency bonds as early as next week, according to people familiar with the matter, in what would be its second debt offering this month.

Reliance Industries said to eye $1 billion debt fundraise

Reliance Industries plans to raise around ₹10,000 crore (~$1.04 billion) through a sale of 10-year notes at an annual coupon of 7.90%, merchant bankers say.

Billionaire Ambani's Reliance Industries eyes Rs 10,000 cr debt fundraise: Sources

Reliance Industries plans to raise around Rs 10,000 crore ($1.04 billion) via 10-year rupee-denominated bonds at a 7.90% annual coupon. Following a recent Rs 12,000 crore 5-year debt issuance, the oil-to-telecom major aims to secure funding ahead of the RBIs October 7 monetary policy meeting amid favourable local yields.

Reliance Industries eyes ₹10,000 crore debt fundraise

The oil-to-telecom conglomerate is set to launch the mega fundraising round through the sale of 10-year notes at an annual coupon ‌of 7.90%