SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL to raise $500 million from overseas via bonds

28 Jan 2013 Evaluate

Reliance Industries (RIL), country’s largest company by market value, has launched an issue of bonds in Singapore and Hong Kong markets to raise a minimum $500 million. The company has already raised $4 billion from overseas in the current financial year and this is the fifth time that the company is raising long-term debt this fiscal.

The initial pricing is 6 per cent over the US treasury. Bank of America, Citi, HSBC, Barclays Deutsche Bank, JP Morgan and RBS are managing the issue. The company is planning to use fund for ongoing capital expenditure in the exploration and refining sector in India.

Meanwhile, rating company Standard and Poor’s (S&P) has assigned a ‘BBB long-term issue rating’ to the bonds. The rating reflects the company’s strong competitive position and good business diversity. In addition, the company has low leverage and strong cash flows and liquidity.

RIL is India's biggest private sector company, and its operations range from oil and gas exploration and production to refining and petrochemicals.

Reliance Industries Share Price

1343.10 -19.80 (-1.45%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1343.10
Indian Oil Corp. 145.50
BPCL 309.80
HPCL 376.90
MRPL 186.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×