Published Jun 20, 2026, 6:49 AM ET · Updated 5 months ago · 1 source

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

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Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

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.