Copying and distributing are prohibited without permission of the publisher.

Watermark

Indian Oil gives international banks public sector exposure

06 Jan 2011

Loans bankers could have a new source of income in 2011: India’s public sector companies. State-owned Indian Oil Corp has mandated five bookrunners to syndicate a $500m loan — and bankers hope it will lead to more Indian borrowers turning to wider syndications rather than relying on one or two big lenders.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
06 Jan 2011