RJIL raises Rs 35 billion through issue of debentures

Reliance Jio Infocomm Limited (RJIL) has raised Rs 35 billion by issuing 35,000 secured redeemable non-convertible debentures of the face value of Rs 1 million each through private placement.

Further, the company has informed that the redemption date for 5-year debentures is January 21, 2020 and for 10-year debentures is January 21, 2025.

In May 2015, the company had raised $750 million from a consortium backed by Korea Trade Insurance Corporation to buy telecom equipment from Samsung Electronics and Ace Technologies.