Reliance connects investors with $300m bond

The telecommunications arm of conglomerate Reliance is out with a debut dollar bond, India’s first international high-yield corporate debt issuance in nearly two months.

Reliance Communications sold a maiden $300 million 5.5-year bond late on Monday, pricing India’s first high-yield corporate bond in almost two months.

¬ Haymarket Media Limited. All rights reserved.

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