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Jio Finance in talks for first debt sale
Mint Hyderabad
|January 16, 2025
Jio Finance Ltd, a shadow lender owned by Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.
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The company is expected to tap the market—either through a loan or bond offering—as early as the January-March quarter. The money will be used to onlend to industry, said the people, who asked not be i
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