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Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

Jio Platforms Ltd. plans to use part of the proceeds from its proposed initial share sale to repay its telecom unit’s external commercial borrowings of almost $3 billion, a draft IPO document showed.

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BloombergLean L·2h ago
Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds
Jio Platforms Ltd. plans to use part of the proceeds from its proposed initial share sale to repay its telecom unit’s external commercial borrowings of almost $3 billion, a draft IPO document showed.
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Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

How 1 sources are covering this

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

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