After $3 bln, Reliance and Jio raise $2 bln forex loan

ANZ, Bank of America, BNP Paribas, Credit Agricole CIB, Citigroup, DBS Bank, First Abu Dhabi Bank, HSBC, Scotiabank, Standard Chartered Bank, State Bank of India and United Overseas Bank were the senior MLABs on the US dollar tranches for both borrowers. Mizuho Bank, MUFG and Sumitomo Mitsui Banking Corp underwrote the yen tranche for Jio's loan, with Credit Agricole also lending alongside the three Japanese mega banks on the yen portion for RIL's borrowing.

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