Reliance Industries, India's largest private sector company is believed to have mandated Credit Suisse First Boston for a bond issue that will raise up to $750 million. Sector specialists believe the deal is likely to come to market within the next 10 days and will have a five-year maturity and a tax friendly structure based out of Mauritius. Standard Chartered is also said to have a junior syndicate role.
For CSFB the mandate marks a huge coup given that it only resumed business on the subcontinent a month ago after a two-and-a-half year hiatus resulting from the Ketan Parekh scandal. The US house was the most high profile of those accused of bear...
