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Reliance plans up to $1.3 billion local-currency bond sale next week

Reliance Industries Ltd. is planning to raise as much as $1.3 billion via local-currency bonds as early as next week, people familiar with the matter said. It would be the largest listed deal this year.

RELIANCE

Billionaire Mukesh Ambani’s Reliance Industries Ltd. 3 billion through local-currency bonds as early as next week, according to people familiar with the matter. If completed, the deal would be the largest listed transaction in the market this year. The company plans to use the funds to…