RIL uses a LIBOR alternative for financing deal with JPMorgan - Business News: Latest News & Videos about market and economy | Trendmergers

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RIL uses a LIBOR alternative for financing deal with JPMorgan

The financing deal was sealed at the bank’s overseas branch, likely in Singapore, and it involved discounting a Letter of Credit (LC). The amount involved was about $50 million.

from Stocks-Markets-Economic Times
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