Jio IPO strengthens Reliance’s financial flexibility; capex funding remains key: Moody’s
Moody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200 crore issue will support investments while helping manage leverage amid elevated capital expenditure.
The Bharath News1 min readSource: ET Markets
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Moody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200 crore issue will support investments while helping manage leverage amid elevated capital expenditure.
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