Epic Research Update : Reliance Industries

Reliance Industries (RIL) as business with Canadian companies grows. This transaction is among the largest financing packages that EDC has ever extended in Asia. EDC has decided to provide the financing in response to the increasing business that RIL has been undertaking with Canadian companies since 2004, when EDC first became one of their financiers. The new financing package will help to diversify RIL’s funding sources and extends the maturity profile of its long- term debt in a cost effective manner

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