The loans, likely for five years, are expected to be priced 130-150 basis points above the Secured Overnight Financing Rate (SOFR), a global rate gauge that replaced the London Interbank Offered Rate (Libor). Bank of America, Citigroup, Credit Agricole, DBS Bank and Mizuho Bank are among others that are in discussions with RIL.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/Ky1brcl
Sunday, October 9, 2022
RIL looks to raise up to $1.5 billion, Jio $2.5 billion via foreign loans
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