Reliance Industries Ltd. (RIL) on Friday said its $500-million bond issue in the U.S. was oversubscribed about 7.5 times with an order book aggregating $3.73 billion. “This transaction priced through secondaries with support from nearly 213 accounts in Asia, Europe and the United States participating in the transaction,” said RIL in a statement.
This issue was in addition to its recently launched $1,000 million 5.400 per cent Guaranteed Senior Notes due 2022, which was also over-subscribed nearly 8 times with an order book aggregating $7.8 billion.
