ONGC raises USD300 million 10-year bonds at coupon 3.375%, lowest by any Indian Issuer

Oil and Natural Gas Corporation Ltd. (ONGC) has priced its maiden offering of USD bonds in the aggregate principal amount of USD 300 million for meeting capital expenditure in accordance with the External Commercial Borrowing guidelines issued by the Reserve Bank of India and successfully achieved its objective to set a fresh benchmark for the … Continue reading ONGC raises USD300 million 10-year bonds at coupon 3.375%, lowest by any Indian Issuer