Massive Loan Propels Reliance Forward

Terzo, Gerelyn
October 2006
Investment Dealers' Digest;10/30/2006, Vol. 72 Issue 41, p11
Trade Publication
The article reports on the completion of one of the largest limited recourse transaction in Asia by India-based company Reliance Petroleum. The company drew a syndicate of 52 international banks for a $2 million loans. ABN Amro, Bank of American and BNP Paribas are included in the institutional investors. Reliance Petroleum's business plan is centered on exports, not just servicing the domestic market in India.


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