Reliance Industries eyes long tenor for dollar bond

03 Oct 2010

Reliance Industries plans to take advantage of demand for longer maturities among international debt investors, and has picked four banks to manage a 10 year and 30 year bond offer.

Bank of America Merrill Lynch, Citi, HSBC and Royal Bank of Scotland are managing the benchmark deal, and will take funding officials from the company on a roadshow starting on Wednesday.

Reliance Industries has sold several international issues before but it has not come to the market in over ...

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