Mukesh Ambani’s Reliance secures $2.9 bn loan in major global banking deal
Mumbai, India — In a landmark financial move, Reliance Industries, under the leadership of billionaire Mukesh Ambani, has secured a dual-currency syndicated loan amounting to $2.9 billion. This deal stands as the largest offshore loan raised by an Indian company in over a year and is the most significant syndicated loan in Asia for 2025. Finalized on May 9, 2025, the loan comprises two tranches: $2.4 billion in U.S. dollars and approximately ¥67.7 billion (around $462 million) in Japanese yen. The deal attracted participation from 55 banks, highlighting the global financial community’s confidence in Reliance’s creditworthiness .This financing is strategically aligned with Reliance’s ongoing investments across its diverse business sectors, including telecommunications, retail, and green energy. The conglomerate’s robust financial performance and strong credit ratings, which are above India’s sovereign ratings, have played a pivotal role in securing such a substantial loan .
The successful closure of this loan underscores Reliance Industries’ position as a formidable player in the global financial landscape, reflecting its strategic initiatives and the trust placed in its leadership by international financial institutions.
