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Jio Finance to debut rupee bond sale
May 07, 2025
|Mint Kolkata
Jio Finance Ltd, a shadow lender owned by Asia's richest businessman Mukesh Ambani, is planning to raise as much as ₹1,000 crore in the onshore market through its first ever bond sale, according to people familiar with the matter.
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The company plans to raise the funds through a note due in March 2028, the people said, asking not to be identified. The bond will have a coupon of 7.19% and the financier is likely to seek bids for the issuance next week, they said.
هذه القصة من طبعة May 07, 2025 من Mint Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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