Reliance Industries (RIL) has raised USD 1.5 billion in dual tranche long term bond issue, reports us. It is learnt that RIL raised USD 1 billion via 10-year bond issues and the rest USD 500 million via 30-year bond issues.
RIL has incurred the funds under 144A Reg S bond issuance through Reliance Holdings, USA.
10-year bonds have 25% demand in Asia, 21% in Europe and 54% in US. However, demand for 30-year bonds are higher in Asia at 27%, 18% in Europe and 55% in US.
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