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Reliance Jio planning to raise up to Rs 8,000 crore via bonds

Reliance Jio planning to raise up to Rs 8,000 crore via bonds

29 Dec 2021

Reliance Jio Infocomm is planning to raise up to ₹8,000 crore by selling corporate bonds in the local market as early as next week, people with direct knowledge of the matter said. This is primarily intended to clear a portion of its past dues for purchasing spectrum in the 2014 and 2015 auctions, they said.