Reliance Industries considers record $1.8 billion bond sale
Reliance Industries, owned by Indian tycoon Mukesh Ambani, is reportedly considering raising $1.8 billion through the sale of local-currency bonds. If the transaction goes through, it would be the largest-ever rupee sale for the conglomerate. Reliance Industries, India's largest company by market value, has diverse business interests including petrochemicals, wireless communication services, and consumer goods. The company has a AAA credit score from India's Crisil Ratings.
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