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Ambani’s Reliance Plans Up to $1 Billion in Local Currency Bonds
Source: Bloomberg
Credit & Bond MarketsCompany Fundamentals
Reliance Industries plans to raise up to 100 billion rupees ($1 billion) through local-currency bonds as early as next week, according to people familiar with the matter. The planned issuance would be the Mukesh Ambani-led conglomerate's second debt offering this month, signaling continued access to domestic funding markets.
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