Reliance Industries to Raise 5 billion dollars Through Bonds

Reliance Industries has announced to raise 5 billion dollars by issuing bonds as a measure to refinance its current debt.

The company released a statement saying that the notes will be issued in one or more tranches.

This has become the new way to deal with debts. Sovereign borrowers, government-affiliated bodies, and corporate issuers work to enter international debt markets to benefit from low-interest rates.

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