Oil India, ONGC issue RFPs for chunky $2.4bn

Oil India and the international arm of Oil and Natural Gas Corp, ONGC Videsh, have sent out two separate requests for proposals for a loan totalling $2.4bn.

  • By Rashmi Kumar
  • 27 Aug 2013

State-owned Oil India is seeking a $900m six month bridge financing, while ONGC Videsh has requested bids for a $1.5bn one year loan, according to a banker familiar with the deals.

Both these borrowings will go towards funding their joint acquisition of a 10% stake in a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 11.55%
2 JPMorgan 32,938.92 93 9.34%
3 Wells Fargo Securities 30,371.96 86 8.61%
4 Bank of America Merrill Lynch 27,582.56 87 7.82%
5 Credit Suisse 22,692.50 70 6.44%