Reliance Jio raises $3 billion via syndicated loans; $2.2 billion invested by Swedish Export Credit Agency

  • RIL and RJIL together raised $3 billion via syndicated loan facilities in FY 2022-23.
  • $2.2 billion of this financing was provided by the Swedish Export Credit Agency (EKN) for 5G rollout.
  • The report also shows a 65 percent increase in attrition rate, primarily in junior to mid-level management, and a 24.9% financial performance improvement for Jio.
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