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Reliance Industries raises $225 mn through overseas bond issue

Aug 20, 2015    

New Delhi: Reliance Industries Ltd (RIL) today said it has raised $225 million (about Rs 1,468 crore) through overseas bond issue due in 2026, guaranteed by the Export-Import Bank of the United States.In a BSE filing, Reliance Industries said it has "priced an offering of USD 225 million, 2.512 percent on notes due in 2026 guaranteed by the Export-Import Bank of the United States."RIL said this is the first time Export-Import Bank of the United States guaranteed Notes issuance out of India."The Notes will bear a fixed interest rate of 2.512 percent per annum, with interest payab...

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