by bondevalue | Apr 6, 2021 | High Yield Bonds, India
Reliance Retail Ventures (RRVL) has extended the deadline by six months to complete its $3.4bn deal with the Future Retail. RRVL revised the timeline for the ‘long stop date’ (Term of the Day, explained below) to September 30 2021 from March 31 2021. The deal which...
by bondevalue | Feb 25, 2021 | India
Indian conglomerate Reliance Industries (RIL) announced plans to spin-off (Term of the day, explained below) its oil-to-chemical (O2C) operations into an independent unit by September. The O2C business, which contributed ~60% the company’s top line will be...
