Reliance Plans $1 Billion Securitization Deal in Borrowing Push
Reliance Group, led by Mukesh Ambani, intends to raise $1 billion through an asset-backed securities deal. This move represents a significant borrowing effort for the company in India.
Billionaire Mukesh Ambani’s Reliance Group is planning to raise as much as 100 billion rupees ($1 billion) through asset-backed securities, according to people familiar with the matter, in what may be one of the largest such deals in India this year.
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