Jio rolls out red carpet to global investors for its Optic Fibre InvIT economictimes.indiatimes.com
Global pension and sovereign wealth funds and long-only infrastructure-focussed financial investors have been sounded out as Reliance Jio Infocomm’s efforts to monetise its pan-India optic fibre assets to deleverage its balance sheet gather momentum. Three investment banks—Moelis, Citi and ICICI Securities—have been appointed to reach out to potential investors across the Americas, Middle East and Asia, and Australia, according to people with knowledge of the matter.
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