Facebook Deal to Help Reliance Monetise Platforms, Deleverage

Fitch Ratings-Singapore-22 April 2020: Facebook, Inc.'s USD5.7 billion investment in Jio Platforms, subsidiary of Reliance Industries Ltd (RIL, BBB-/Stable

22 Apr 2020 ... Fitch Ratings-Singapore-22 April 2020: Facebook, Inc.'s USD5.7 billion ... In our view, the proceeds from the transaction should help RIL maintain ... including Facebook Marketplace, Instagram Shopping and Facebook Pay - to ... as such are authorized to issue credit ratings on behalf of the NRSRO (see ...

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