tech

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

Bloomberg Tech · Jun 20, 2026, 10:49 AM · Also reported by 1 other source

Jio Platforms Ltd. plans to use part of the proceeds from its proposed initial share sale to repay its telecom unit’s external commercial borrowings of almost $3 billion, a draft IPO document showed.

Read full story on Bloomberg Tech → More top stories

Also covered by

Fortune The highest-paid hospital CEO made $43 million last year all while Americans hold $220 billion in medical debt

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

Also covered by

More in tech