Dependency: Reliance Industries raises $4 billion in US dollar bonds – Times of India

Hong Kong: Reliance Industries Limited $4 billion has been raised in three-tranche US dollar bond issuance, according to a term sheet seen by Reuters.
The Indian conglomerate raised $1.5 billion in 10-year tranches, $1.75 billion over 30 years and $750 million in a 40-year deal.
The term sheet said a portion of the cash would be used to refinance $1.5 billion in debt due to mature in February.
Reliance did not immediately respond to a request for comment from Reuters.

,