Reliance Industries Limited has priced its offering of $800 million 5.87% senior perpetual notes. The notes have been priced at par to yield fixed interest of 5.87% per annum, with interest payable semi-annually in arrears. The notes have no fixed maturity date and the company will have an option, from time to time, to redeem the notes, in whole or in part, on any semi-annual interest payment date on or after February 5, 2018 at 100% of the principal amount plus accrued interest.

Bank of America Merrill Lynch, Citigroup Global Markets Inc. and HSBC Bank plc are acting as joint global coordinators and joint book-running managers. Barclays Bank PLC, Deutsche Bank AG, J.P. Morgan plc and The Royal Bank of Scotland plc are acting as joint boo- running managers. AZB Partners is acting as legal advisor for the offering.