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ONGC builds $1.5bn bridge with nine banks

By Rashmi Kumar
10 Oct 2013

ONGC Videsh, the international arm of Oil and Natural Gas Corp, has picked a group of nine banks to arrange its $1.5bn 12 month bridge loan, in a deal that could be closed as a club rather than going into syndication.

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By Rashmi Kumar
10 Oct 2013