Reliance Raises $4 Billion in India's Largest-Ever Foreign Currency Bonds Issue
Reliance raised USD 1.5 billion in a 10-year issue at a coupon or interest rate of 2.875 per cent, USD 1.75 billion in a 30-year deal at a 3.625 per cent rate and USD 750 million in a 40-year issue at a 3.75 per cent coupon rate. This is the first time any BBB-rated Asian company outside of Japan has issued a 40-year dollar bond. �� Reliance Raises $4 Billion in India's Largest-Ever Foreign Currency Bonds Issue.
Source: latestly.com