Reliance Jio takes $1 bn term loan to pay Korean vendors
Reliance Jio today secured a USD 1-billion worth of term loan from a slew of foreign banks led by ANZ Bank and HSBC and covered by the Korea Trade Insurance Corporation (K-Sure) to finance its procurements from Samsung and Ace Technologies.
Reliance Jio today secured a USD 1-billion worth of term loan from a slew of foreign banks led by ANZ Bank and HSBC. Image source: IANS