reliance-bond-sales - Latest News on reliance-bond-sales | Read Breaking News on Zee News

RIL raises $800 mn in perpetual bonds; makes history on pricing

Last Updated: Tuesday, January 29, 2013, 22:17

Reliance Industries, with a cash balance of nearly Rs 84,000 crore, Tuesday raised USD 800 million via a perpetual bond sale at 5.875 percent coupon, which the Mukesh Ambani-led firm claimed is a first in the world as it has pierced the 6-percentage point pricing- barrier on this type of debt.