Don’t miss the latest developments in business and finance.

Reliance Industries intimates of term loan facility for Reliance Sibur Elastomers

Image
Capital Market
Last Updated : Sep 12 2016 | 12:03 AM IST

Of US$ 330 million by way of ECB

Reliance Sibur Elastomers, a subsidiary of Reliance Industries has signed facility agreement for availing a term loan facility of US$ 330 million (equivalent to approximately Rs 2193 crore) by way of External Commercial Borrowing.

The facility with door to door tenor of 10 years shall be utilised to part finance the capital expenditure to set up India's first butyl rubber manufacturing facilities at Jamnagar, Gujarat.

Powered by Capital Market - Live News

Also Read

First Published: Sep 10 2016 | 5:46 PM IST

Next Story