Jio Financial Services in talks for maiden bond issue, say bankers - Moneycontrol.

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Reuters 20 Nov 2023 Moneycontrol

The company may look to raise Rs 5,000 crore ($600.6 million) to Rs 10,000 crore through the issue and may tap the market in the last quarter of this financial year, the bankers added.

India's Jio Financial Services is in early talks with merchant bankers for its maiden bond issue, four bankers told Reuters on Monday. The company may look to raise Rs 5,000 crore ($600.6 million) t…

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