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Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds
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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.

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