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RIL says not in overseas market to raise funds via bond sale

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Press Trust of India Mumbai
Last Updated : Dec 10 2014 | 9:10 PM IST
Reliance Industries today said it is not in the overseas market to raise about USD 1 billion through a bond sale.
"Our attention has been drawn to a story circulating in the market and a section of the media to the effect that RIL has hit the overseas debt market to raise USD 1 billion in bond sale. We would like to point out that this is not true," a company spokesman said in a statement here.
The Mukesh Ambani-led company in April this year tied up USD 550 million from Japanese investment agency JICA and another USD 800 million from Korean Exim Bank in September.

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First Published: Dec 10 2014 | 9:10 PM IST

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