Ambani’s Reliance Plans Up to $1 Billion in Local Currency Bonds

🇮🇳 Bloomberg (IN) —

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Reliance Industries Ltd., led by billionaire Mukesh Ambani, plans to raise up to $1 billion through local-currency bond issuance likely next week. This will mark Reliance's second debt offering within the month, emphasizing its ongoing financing efforts.

Billionaire Mukesh Ambani’s Reliance Industries Ltd. is planning to raise as much as 100 billion rupees ($1 billion) through local-currency bonds as early as next week, according to people familiar with the matter, in what would be its second debt offering this month.

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