{"id":72290,"date":"2018-04-13T23:51:13","date_gmt":"2018-04-13T23:51:13","guid":{"rendered":"http:\/\/www.bnreport.com\/reliance-jio-confirms-raising-samurai-loan-for-500-mn\/"},"modified":"2018-04-13T23:51:13","modified_gmt":"2018-04-13T23:51:13","slug":"reliance-jio-confirms-raising-samurai-loan-for-500-mn","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/reliance-jio-confirms-raising-samurai-loan-for-500-mn\/","title":{"rendered":"Reliance Jio confirms raising Samurai loan for $500 mn"},"content":{"rendered":"

MUMBAI: Reliance Jio<\/a> Infocomm has signed a ~JPY 53.5 billion (or around $500 million) samurai term loan with 7 year bullet maturity, the company said in a release on Friday. <\/p>\n

\u201cThe facility is guaranteed by Reliance Industries and will be used for funding RJILs ongoing capital expenditure<\/a>,\u201d it said. <\/p>\n

\u201cThis deal represents the largest Samurai loan<\/a> for an Asian corporate.\u201d <\/p>\n

ET was first to report that the company had raised the loan from three Japanese banks including Mizuho Bank, MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation. <\/p>\n

The Facility has been fully underwritten by Mizuho Bank, Ltd., MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation Singapore Branch and will be shortly launched into syndication, the company said in the release. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
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\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

MUMBAI: Reliance Jio Infocomm has signed a ~JPY 53.5 billion..<\/p>\n","protected":false},"author":1,"featured_media":72291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-72290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nReliance Jio confirms raising Samurai loan for $500 mn - Business News Report<\/title>\n<meta name=\"description\" content=\"MUMBAI: Reliance Jio Infocomm has signed a ~JPY 53.5 billion..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/reliance-jio-confirms-raising-samurai-loan-for-500-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Jio confirms raising Samurai loan for $500 mn - 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