12 year loan backed by K-sure
Reliance Jio Infocomm, a subsidiary of Reliance Industries has signed a US$ 750 million loan backed by Korea Trade Insurance Corporation (K-sure) on 07 May 2015. The loan is guaranteed by RIL and will be primarily used to finance goods and services procured from Samsung Electronics and Ace Technologies Corp., which are being sourced for the infrastructure rollout of RJIL. It has a door to door tenor of 12 years including a 2 year availability period and 10 year repayment period thereafter.Powered by Capital Market - Live News
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