Bloomberg News

Reliance Said to Tighten Price Guidance on 10-Year Bonds

February 09, 2012

Feb. 9 (Bloomberg) -- Reliance Industries is marketing its 10-year dollar bonds to yield between about 345 basis points and 355 basis points over similar-maturity Treasuries, according to a person familiar with the matter.

The notes were initially marketed with a spread of 365 basis points.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net


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