Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger

Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger.

India’s leading telecom provider, Reliance Jio has recently obtained loans amounting to $2 billion from BNP Paribas.

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5G network equipment from the Swedish company Ericsson.

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The funding mechanism employs a discounted approach.

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