Reliance Industries raises $1.73 billion offshore in FY26, including largest-ever Samurai loan by an Indian corporate

RIL secured ~$1.73B in overseas funding during FY26, anchored by a record JPY 91.9 billion Samurai loan and first-of-kind untied facilities from Korea's KSURE and Japan's NEXI. Proceeds back capex and green energy gigafactories. Gross debt stands at ₹3.74 lakh crore, net debt ₹1.25 lakh crore, with interest coverage at 8.83x.

— Source publishedThu, 28 May, 2026, 14:45 IST·First seen Thu, 28 May, 2026, 14:51 IST·Source The Hindu BusinessLine

What happened

Reliance Industries raised about $1.73 billion in overseas financing in FY26, including the largest-ever Samurai loan by an Indian corporate, plus first-of-kind

Key facts

  • $1.73 billion
  • JPY 91.9 billion
  • $625 million
  • $500 million
  • $600 million
  • gross debt ₹3.74 lakh crore
  • net debt ₹1.25 lakh crore
  • interest coverage 8.83

Why this matters

RIL's record Samurai loan and first-of-kind untied ECA facilities set a new template for Indian corporates accessing Japanese and Korean capital markets at scale.