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RIL readies its biggest rupee bond sale to raise ₹20,000 cr
Mint Mumbai
|November 08, 2023
Billionaire Ambani's Industries Ltd is seeking to raise as much as ₹20,000 crore ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg.
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The base size of the sale is ₹10,000 crore with an option to retain subscriptions worth another ₹10,000 crore. The 10-year bonds will be auctioned on Thursday and are rated AAA with a stable outlook by rating companies Crisil and CareEdge.
This story is from the November 08, 2023 edition of Mint Mumbai.
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