In the first round of fund raising, RIL had raised ₹8500 crore in two parts at a coupon rate of 7.2% Reliance Industries Ltd on Tuesday returned to the debt market for the second time raising a total of ₹10,060 crore through bonds of different tenors.
RIL with a long term debt rating of AAA, raised ₹4235 crore for a 3 year 4 month period at a fixed coupon rate of 7.05%. The company raised ₹825 crore for a 3 year period at a fixed coupon rate of 6.95% and the remaining ₹5000 crore for a 2 year 10 month period at a coupon rate of 6.95%.
In the first round of fund raising, RIL had raised ₹8500 crore in two parts at a coupon rate of 7.2%. The fixed rate issue saw it raise ₹4,000 crore for a three-year period at a fixed coupon rate of 7.2%.