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Reliance Ports to raise Rs 14 bln via bonds

Reliance Ports and Terminals will raise 14 billion rupees via 10-year bonds at 10.40%

Written by Reuters | Mumbai |
July 6, 2011 11:45:07 am

Reliance Ports and Terminals,a unit of Reliance industries,will raise at least 14 billion rupees via 10-year bonds at 10.40 per cent,a source with the knowledge of the deal told Reuters.

The pay in date is scheduled for next week.

The bonds are rated AAA by CRISIL and CARE.

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