Pricing for Reliance Jio’s $1.5bn could come in low

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Pricing for Reliance Jio’s $1.5bn could come in low

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Indian major Reliance Industries’ telecom arm Reliance Jio Infocomm could be looking to price its $1.5bn dual tranche financing at all-ins below 175bp, said a banker who received the invitation but is not considering participating.

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