Reliance Industries Secures $2.9 Billion Dual-Currency Loan From; Check Details Here
Reliance Industries, led by billionaire Mukesh Ambani, has raised a dual-currency syndicated loan totaling approximately $2.9 billion, marking the largest offshore borrowing by an Indian company in more than a year, according to a Bloomberg report. Finalised on May 9, 2025, the financing deal is structured in two tranches: a $2.4 billion portion denominated in US dollars and a second tranche of 67.7 billion Japanese yen, equivalent to approximately $462 million, the report added. The loan attracted participation from 55 banks, forming the largest lending consortium for a syndicated loan...