New Delhi: Reliance Industries Ltd (RIL) on Thursday said it has raised $225 million (about 1,468 crore) through overseas bond issue due in 2026, guaranteed by the Export-Import Bank of the United States.

In a BSE filing, Reliance Industries said it has “priced an offering of $225 million, 2.512% on notes due in 2026 guaranteed by the Export-Import Bank of the United States."

RIL said this is the first time Export-Import Bank of the United States guaranteed Notes issuance out of India.

“The Notes will bear a fixed interest rate of 2.512% per annum, with interest payable semi-annually. The principal amount of the notes will be payable in consecutive semi-annual installments commencing on July 15, 2016 up to the maturity on January 15, 2026," the company added.

Shares of RIL on Thursday closed at 918.85 apiece, 3.55% down from their previous close on the BSE.

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