Indian issuers expected to spice up market in Q1

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By Addison Gong, Morgan Davis
05 Jan 2017

Bharat PetroResources has become the first Indian issuer to set out plans for a dollar outing this year, with roadshows due to wrap up early next week. With the Chinese New Year holidays expected to keep many mainland issuers at bay, DCM bankers said Indian firms will make up some of the shortfall. Morgan Davis and Addison Gong report.

State-owned BPRL, a unit of Bharat Petroleum Corp, is looking to raise about $500m from a 10 year deal, and is set to finish roadshows in London on Monday. Market watchers said that a successful deal will encourage other corporates to follow, especially given the dearth of ...

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