<p class="title">Reliance Industries on Tuesday said it has raised $800 million by selling 10-year bonds - the first offering since Moody's raised India's sovereign rating.</p>.<p class="bodytext">The bonds were priced at 3.66%, the lowest coupon ever achieved by an Indian corporate for a 10-year issuance, the company said in a statement.</p>.<p class="bodytext">RIL, which is rated the same as the sovereign, will use the proceeds to refinance existing debt. This was the first dollar note this year.</p>.<p class="bodytext">The note by RIL, India's largest company, was assigned 'BBB+' rating by S&P and 'Baa2' by Moody's Investors Service.</p>
<p class="title">Reliance Industries on Tuesday said it has raised $800 million by selling 10-year bonds - the first offering since Moody's raised India's sovereign rating.</p>.<p class="bodytext">The bonds were priced at 3.66%, the lowest coupon ever achieved by an Indian corporate for a 10-year issuance, the company said in a statement.</p>.<p class="bodytext">RIL, which is rated the same as the sovereign, will use the proceeds to refinance existing debt. This was the first dollar note this year.</p>.<p class="bodytext">The note by RIL, India's largest company, was assigned 'BBB+' rating by S&P and 'Baa2' by Moody's Investors Service.</p>