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Reliance Industries plans to raise USD 800 million

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Capital Market
Last Updated : Nov 15 2017 | 11:28 AM IST

Through issuance of Senior Unsecured USD denominated Fixed Rate Notes

Reliance Industries is considering an issuance of senior unsecured fixed rate notes for an aggregate amount of US$ 800 million in a transaction not subject to, or exempt from, registration requirements under U.S. Securities Act of 1933, as amended (the "US Securities Act") during the week beginning on 20 November 2017 or any time thereafter, depending on the market conditions.

The proceeds of the issue will be utilised for refinancing of the existing borrowings

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First Published: Nov 15 2017 | 11:13 AM IST

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