Reliance Industries to raise ₹12,500 crore via five-year bonds
Bankers said Reliance Industries is raising ₹12,500 crore through a five-year bond issue arranged by Axis Bank, HDFC Bank, ICICI Bank and Yes Bank, with expected pricing around 7.47%.
Reliance Industries, India’s biggest company by market value, is raising 12,500 crore through a five-year bond issue, bankers said. Axis Bank, HDFC Bank, ICICI Bank and Yes Bank are among the lenders arranging the transaction. 47%.