{"id":460930,"date":"2022-01-07T11:57:49","date_gmt":"2022-01-07T06:27:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460930"},"modified":"2022-01-07T12:59:42","modified_gmt":"2022-01-07T07:29:42","slug":"reliance-mops-up-around-rs-30000-crore-in-largest-bond-issue-from-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-mops-up-around-rs-30000-crore-in-largest-bond-issue-from-india\/","title":{"rendered":"Reliance mops up around Rs 30,000 crore in largest bond issue from India"},"content":{"rendered":"<p>Reliance Industries Ltd (RIL) has raised $4 billion (around Rs 30,000 crore) in the largest bond issue by an Indian company in the overseas market.<\/p>\n<p>The bonds \u2014 called unsecured notes \u2014 were nearly 3 times oversubscribed with a peak orderbook aggregating $11.5 billion and were priced through RIL\u2019s secondary curve. \u201cThe notes have been priced at 120 basis points, 160 basis points and 170 basis points over the respective US Treasuries benchmark,\u201d RIL said.<\/p>\n<p>RIL said it was the tightest ever implied credit spread over the respective US Treasury across each of the 3 tranches by an Indian corporate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd (RIL) has raised $4 billion (around Rs 30,000 crore) in the largest bond issue by an Indian company in the overseas market. The bonds \u2014 called unsecured notes \u2014 were nearly 3 times oversubscribed with a peak orderbook aggregating $11.5 billion and were priced through RIL\u2019s secondary curve. \u201cThe notes have been priced at 120 basis points, 160 basis points and 170 basis points over the respective US Treasuries benchmark,\u201d RIL said. RIL said it was the tightest ever implied credit spread over the respective US Treasury across each of the 3 tranches by an Indian corporate.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-460930","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=460930"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460930\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}