Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Reliance Industries raises $2.9 B in syndicated offshore loans
Reliance Industries Ltd (RIL) has raised USD 2.9 Billion in offshore syndicated loan deals from several global banks. The money will be used to refinance maturing debt this year. About 55 lenders joined the facility, making it the largest bank group for a syndicated loan in Asia so far this year.Reliance Industries’ loan is split into a USD 2.4 Billion tranche and a JPY 67.7 Billion (USD 462 million) piece.RIL has repayments worth about USD 2.9 Billion, including interest payments, due in 2025.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.