Reliance and Jio Raise $2 Billion in Forex Loan Following $3 Billion Financing

  • Reliance and Jio raised $3 billion in financing on March 31.
  • They then raised an additional $2 billion in forex loan.
  • This is the largest syndicated term loan raised by an Indian corporate house in at least five years.
  • Banking sources involved in the deal have confirmed the details.

Via

Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download Pluggd.in, the short news app for busy professionals