Reliance Industries Ltd.

Reliance Gas Transportation Infrastructure (RGTIL), a subsidiary of Reliance Industries (RIL) is planning to raise Rs 2,500 crore via 10-year bonds at 10.25 percent. Axis Bank, Yes Bank, Citibank and Standard Chartered Bank are the arrangers to the deal. The issue is rated AAA by CRISIL and CARE and is scheduled to open and close on August 16.

Reliance Gas Transportation Infrastructure is engaged in a business that builds pipelines to carry natural gas across the country. The company was formerly known as Reliance Gas Pipelines. Reliance Gas Transportation Infrastructure is based in Navi Mumbai, India. The company is a former subsidiary of Reliance Industries.