Business1h ago
Reliance plans first local debt sale after three years with $1.32 billion fundraise, bankers say
The oil-to-telecom conglomerate plans to raise 125 billion rupees ($1.32 billion) through a sale of five-year notes, at an annual coupon of 7.47%, and is set to invite bids from investors in the week ending September 18, according to bankers.
This story was originally reported by The Hindu — Business. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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