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Reliance Holdings raises $1 bn through 10-yr bonds

Reliance Holdings USA Inc, a wholly-owned subsidiary of RIL, sold 5.4 per cent senior, unsecured notes maturing in February 2022 at 345 basis points more than similar-maturity Treasuries. This is the largest overseas bond sale from an Indian company in ni

Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Reliance Industries today said its US subsidiary has raised $1 billion selling 10-year dollar-denominated debt, the largest overseas bond sale from an Indian company in nine months.
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