Reliance Industries gets $30m commitment

India’s Reliance Industries has got its first commitment for a $1bn loan which already has 14 mandated lead arrangers, showing the continued appetite for Indian borrowers from global lenders.

  • 22 Jul 2010

Bank of Nova Scotia committed $30m to the capital expenditure facility on Monday, before Reliance Industries began a roadshow this week, said a banker close to the borrower. The borrower met investors in Singapore on Monday and Taipei on Wednesday, with about 20 institutions attending each meeting.

Fourteen mandated ...

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