Perspective
18 November 2016
Reliance taps K-sure with 'aggressive' pricing
Region:
Asia-Pacific
Despite the global slowdown in the shipping industry, Reliance Industries' recent K-sure-backed facility for the construction of six VLECs was two times oversubscribed by banks. However, one lender highlighted the complex financing structure and the 'aggressive' pricing as two points of contention during the deal.
