Reliance Industries
Reliance Industries has had a banner year this year and all but ran away with our award for AsiaÆs best borrower. Already taking home the award for best project financing with its US$1.5 billion green-field refinery financing Reliance Petroleum, we were glad to add another feather to its cap.
Reliance has been one the most frequent of borrowers in the international market this year, with deals ranging from the aforementioned project financing to its $150 million equivalent euroyen deal, the first 10-year deal from Asia launched and priced since the Asian crisis for both financial and corporate issuers.
Indeed, building off of a pragmatic borrowing performance in 2005, where...
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