News > Reliance Industries raises USD 4 billion via issuance of senior unsecured notes

Reliance Industries raises USD 4 billion via issuance of senior unsecured notes

Reliance Industries has raised $4 billion in the largest ever foreign currency bond issuance from India. The bond issue was subscribed over three times.

Srikanth Venkatachari, Joint CFO of RIL, said in a statement that the mega issue was the largest debt capital market transaction for the company, and had “the tightest credit spreads across each of the long-dated tenors for any corporate in India.”