Reliance, Jio raise $5 bn in largest syndicated loan in India: Report ...Middle East

Business Standard - Economy
Reliance, Jio raise $5 bn in largest syndicated loan in India: Report
source : Business Standard ( Middle East ) () 40
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of USD 5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said. Reliance last week raised USD 3 billion from 55 banks and Reliance Jio Infocomm secured additional credit of USD 2 billion from 18 banks, sources aware of the development said. The USD 3 billion financing closed on March 31 and the add-on facility of USD 2 billion was secured on Tuesday, they said. Reliance will mainly deploy the funds raised towards its capital expenditure, while Jio would put the money to finance its nationwide 5G network rollout. The USD 2 billion add-on will be split e

Hence then, the article about reliance jio raise 5 bn in largest syndicated loan in india report was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Reliance, Jio raise $5 bn in largest syndicated loan in India: Report )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Supermicro kondigt intelligente oplossingen voor in de winkel aan in samenwerking met een groot aantal industriële partners
PR Newswire - before 7 hours & 2 minute
GAC Magazine Battery and Solid-State Battery Win Top National Honor
PR Newswire - before 10 hours & 51 minute
Russia adds about 500 Million tons to Its commercial Oil reserves in 2025
SABA NET - before 11 hour & 41 minute
This new crash test dummy could keep women safer in car accidents
Washington Post - before 11 hour & minute
Audit Uncovers $30 Million Net Loss at Tajikistan's Power Megaproject
OILPRICE - before 3 hours & 7 minute
Iran’s Oil Output Faces a New Test After Venezuela
OILPRICE - before hour & 10 minute
Rich Sparkle Holdings Closes Acquisition of TikTok Icon Khaby Lame's Core Company
PR Newswire - before 19 minute


Latest News

Rich Sparkle Holdings Closes Acquisition of TikTok Icon Khaby Lame's Core Company

before 19 minute

Iran’s Oil Output Faces a New Test After Venezuela

before hour & 10 minute

Audit Uncovers $30 Million Net Loss at Tajikistan's Power Megaproject

before 3 hours & 7 minute

Supermicro kondigt intelligente oplossingen voor in de winkel aan in samenwerking met een groot aantal industriële partners

before 7 hours & 2 minute

A powerful force has been holding back the housing market. It’s finally easing.

before 7 hours & 40 minute

Ethiopia: Addis Launches Building of 'Africa's Largest Airport'

before 9 hours & 38 minute

Best Accounting Software for Tax (2026): QuickBooks Named Trusted Tax-Ready Platform for Businesses by Expert Consumers

before 10 hours & 11 minute

GAC Magazine Battery and Solid-State Battery Win Top National Honor

before 10 hours & 51 minute

This new crash test dummy could keep women safer in car accidents

before 11 hour & minute

Russia adds about 500 Million tons to Its commercial Oil reserves in 2025

before 11 hour & 41 minute

ezPaycheck and ezACH- The Dynamic Duo for Payroll and Direct Deposit

before 12 hour & 12 minute

Africa: Africa Stands to Benefit From Gold Rally Amid Global Instability

before 13 hour & 6 minute

LUMISTAR Draws Record Crowds at CES 2026, Redefining the Future of Sports Training

before 13 hour & 24 minute

Společnost TCL získala na CES 2026 několik ocenění za průlomové inovace v kategoriích televizorů, mobilních zařízení a chytrých domácností

before 15 hour & 23 minute

CES 2026: Die Zukunft ist hier

before 16 hour & 22 minute