Reliance eyes $3 billion in India's largest loan deal since 2023: Report
1 week, 6 days ago

Reliance eyes $3 billion in India's largest loan deal since 2023: Report

India Today  

Reliance Industries is in talks with several banks to secure a $3 billion loan, reported news agency Bloomberg. Despite this, Reliance Industries’ strong credit profile continues to make it a preferred borrower in global markets. Reliance Industries holds a credit rating that is one notch above India’s sovereign grade, a distinction achieved by very few companies. Moody’s recently reaffirmed Reliance’s Baa2 rating, citing its solid credit metrics, which are expected to remain stable despite high capital expenditure.

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Reliance seeks up to $3 billion in biggest India loan since 2023
Trending News
1 week, 6 days ago

Reliance seeks up to $3 billion in biggest India loan since 2023

Live Mint  

Billionaire Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of $3 billion, the largest offshore borrowing from an Indian company in over a year. Reliance Industries has approximately $2.9 billion worth of debt due in 2025, including interest payments, according to data compiled by Bloomberg News. If the borrowing goes through, it would mark Reliance Industries’ …

Reliance, Jio raise $5bn in largest syndicated loan in India
1 year, 8 months ago

Reliance, Jio raise $5bn in largest syndicated loan in India

Deccan Chronicle  

New Delhi: Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of USD 5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said. Reliance last week raised USD 3 billion from 55 banks and Reliance Jio Infocomm secured additional credit of USD 2 billion from 18 banks, sources aware …

Reliance share price: India's most valuable company gains big
2 years, 5 months ago

Reliance share price: India's most valuable company gains big

India Today  

Reliance Industries share price on Thursday jumped 1.4 per cent as India's most valuable company provided the biggest boost to the blue-chip indexes. The jump in Reliance's share price came after billionaire Mukesh Ambani decided to step down from the telecoms arm of Reliance Industries, handing the reins to his son Akash and setting the stage for a leadership transition …

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