Reliance Industries hits overseas debt markets again, launches over $500-mn issue

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PTI: Mumbai, Jan 28 2013, 15:21 IST
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HSBC, Barclays Deutsche Bank, JP Morgan and RBS are mandated for the issue.

The RIL official also said this first senior long-rated bond issuance by a domestic company.

The funds will be used to meet the capex requirements of the company that runs the world's largest refinery at Jamnagar.

The senior unsecured perpetual notes have 'BBB' rating from S&P, the rating said in a note.

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