Business Companies 09 Nov 2018 Reliance raises Rs 3 ...

Reliance raises Rs 3,000 crore through debentures

PTI
Published Nov 9, 2018, 1:47 pm IST
Updated Nov 9, 2018, 1:47 pm IST
The unsecured, non-convertible redeemable debentures offered 8.95 per cent return with a 10-year maturity.
RIL has invested more than USD 30 billion over the past five years.
 RIL has invested more than USD 30 billion over the past five years.

New Delhi: Reliance Industries on Friday said it has raised Rs 3,000 crore through a privately placed debenture issue.

The unsecured, non-convertible redeemable debentures offered 8.95 per cent return with a 10-year maturity, the company said in a regulatory filing.

 

The notes "shall be redeemed at par at the end of 10 years from the date of allotment -- November 9, 2028," it said.

RIL, which has invested more than USD 30 billion over the past five years across energy, petrochemicals, retail, and telecom verticals, did not say where it will use the proceeds of the issue.

Last month, it announced the acquisition of controlling stake in cable tv and broadband service providers, Hathway Cable & Datacom, and DEN Networks.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
-->