Reliance Industries raises $1.73 B in global financing
Reliance Industries has raised USD 1.73 Billion in overseas financing during FY26 through a series of transactions. The fundraising included a Samurai loan of JPY 91.9 Billion (about USD 625 million), provided by a consortium of 10 Japanese and Taiwanese banks to refinance yen-denominated debt.Additionally, the company secured USD 500 million in untied financing backed by Korea’s export credit agency, KSURE, and nearly USD 600 million in untied financing supported by Japan’s export credit agency, NEXI.RIL plans to use the funds raised through the NEXI-supported facility to finance its solar photovoltaic and battery gigafactory projects.
For FY26, RIL had reported about INR 524,105 Cr in Operating Income and about INR 43,851 Cr in PAT.
Want to receive such news items in your inbox? Click Here to sign up for a trial.