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Funding and debt● Neutral for Reliance Industries
Reliance Industries raises ₹13,000 crore through 10-year bonds at 7.90%
The brief
- Reliance Industries raised ₹13,000 crore through 10-year bonds at 7.90%
- Its September rupee bond fundraising reached ₹25,000 crore
- Higher borrowing costs may pressure Reliance Industries’ financing expenses
- Reliance’s ₹13,000 crore bond issue draws strong demand; SBI said to be largest investor
- SBI buys nearly 40% of Reliance Industries’ ₹13,000 crore bond offering
- Reliance Industries fell 25% this year: Which mutual funds have the highest exposure — and should you be worried?
- Reliance and Nayara ration fuel sales as crude prices rise
- Reliance shares hit a fresh 52-week low; stock plunges 24% YTD - Time to buy or stay away?