Reliance Industries, led by billionaire Mukesh Ambani, raises a record-breaking $2.9 billion dual-currency loan — the largest offshore deal by any Indian company this year, signaling high global investor confidence.
Mumbai | May 15, 2025
Mukesh Ambani In a landmark global financial deal, Mukesh Ambani’s Reliance Industries has secured a massive $2.9 billion dual-currency offshore syndicated loan, setting a new benchmark for Indian corporates on the international stage.
According to a Bloomberg report, this is the largest offshore loan raised by an Indian company in over a year, showcasing robust lender confidence in Reliance amidst sluggish Asia-Pacific deal flows.
The loan agreement was finalized on May 9, 2025, and is split into two major tranches:
- $2.4 billion in US dollars,
- and 67.7 billion Japanese yen (approximately $462 million USD).
This dual-currency structure underlines Reliance’s growing international creditworthiness and strong diversified capital strategy.
A consortium of 55 leading global banks participated in this syndicated loan, making it the largest bank group backing a single loan deal in Asia this year.
Notably, total loan volumes in Asia-Pacific (excluding Japan) have touched only about $29 billion in 2025 so far, indicating that Reliance’s deal alone accounts for nearly 10% of the region’s total G3 currency loans — a testament to its dominant financial standing and credibility.
Why This Matters:
- Signals a revival in large-cap funding across Asia.
- Establishes Reliance as a global capital magnet.
- Reinforces Mukesh Ambani’s continued dominance in India’s corporate landscape.
