GC
Indian Oil slides in for new $500m five year loan
State-owned Indian Oil Corp is returning to the market for a new $500m fundraising, less than a month after it signed a separate facility of the same size.
The company has issued a request for proposals to banks for the new loan, which will have a five year maturity, according to bankers.
Lenders have until the end of April to submit their commitments, with the loan proceeds to be used by the borrower for its ...Already a subscriber? Login
