Indian Oil to start roadshow Monday for dollar-denominated bonds

By Paul A. Harris

St. Louis, Jan. 8 - Indian Oil Corp. Ltd. will begin a roadshow on Monday in Singapore for its dollar-denominated Regulation S-only bond offering, according to market sources.

Deutsche Bank, HSBC and Standard Chartered Bank are leading the offer.

The roadshow continues Tuesday in Hong Kong and Wednesday in London.

Pricing will follow the roadshow, subject to market conditions.

Moody's Investors Service assigns its Baa3 corporate credit rating to the New Delhi-based diversified energy company. Fitch assigns its BBB- corporate credit rating to Indian Oil.

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