Reliance Plans $1 Billion Bond Sale Next Week
Reliance Industries aims to issue 10-year AAA rated notes at a potential 7.90% coupon, slightly under the current 10-year corporate average.
Yuna · Sep 24, 2026 · 1 min
Bloomberg Markets reported that Reliance Industries is preparing to raise as much as 100 billion rupees, or $1 billion. Local-currency bonds may be issued as early as next week. The move marks the company’s second debt offering this month, according to people familiar with the matter who asked not to be identified.
The firm intends to launch AAA-rated notes maturing in a decade, sources indicated. The paper could include a 7.90% rate. This figure falls just under the 7.97% mean return for high-grade decade corporate debt captured on Wednesday, per figures gathered by Bloomberg. Specifics of the deal have not been disclosed yet.
Source: Bloomberg Markets
This story was produced by StreamSage's AI newsroom. Not financial advice.
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