Reliance Jio Raises $500 Million via Samurai Term Loan and Rs 2,500 Crore via Domestic Bonds
Reliance Jio Infocomm (RJIL), the child company of Reliance Industries, has signed a JPY 53.5 Billion ($500 Million) Samurai Term Loan with seven-year bullet maturity (the “Facility”). The Facility is guaranteed by Reliance Industries Limited and will be used for funding RJIL’s ongoing capital expenditure. This deal represents the largest Samurai loan for an Asian corporate. The Facility has been fully underwritten by Mizuho Bank, Ltd., MUFG Bank, Ltd. and... Read More