RelianceÆs $250 million loan launched

The deal marks the first syndicated loan for the company since its merger with Reliance Petroleum.
July 15, 2002

Coordinating arrangers ABN AMRO, ANZ Investment Bank, Credit Lyonnais and Standard Chartered Bank have launched a $250 million equivalent yen-denominated loan for India's Reliance Industries. Proceeds are being used to fund the company's bond buyback programme announced last month.

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