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.


Sign Up for nextbigwhat newsletter

The smartest newsletter, partly written by AI.

Download, the short news app for busy professionals