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MARKETS-ECONOMIC TIMES · INDIAN ·

Reliance set to return to bond market after 3 years, eyes Rs 12,500 crore fundraise: Reports

As reported by Markets-Economic Times
Reliance Industries is set to launch a bond sale worth 125 billion rupees, marking a significant comeback to the rupee bond market after almost three years. The five-year notes are expected to offer an attractive annual interest rate of 7.47 percent. Investor bids are anticipated by the week ending September 18, as lower local yields render this funding more economical compared to dollar-denominated debt.
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