Published on 10/4/2012 in the Prospect News Emerging Markets Daily.
New Issue: Indian Oil prices S$400 million 4.1% notes due 2022 at par
By Christine Van Dusen
Atlanta, Oct. 4 - Indian Oil Corp. Ltd. priced S$400 million of 10-year notes (Baa3//BBB-) at par to yield 4.1%, a market source said.
DBS and Standard Chartered Bank were the bookrunners for the deal.
Indian Oil is an oil and gas company based in New Delhi.
Issuer: | Indian Oil Corp. Ltd.
|
Amount: | S$400 million
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Maturity: | Oct. 15, 2022
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Description: | Notes
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Bookrunners: | DBS, Standard Chartered Bank
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Coupon: | 4.1%
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Price: | Par
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Yield: | 4.1%
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Trade date: | Oct. 4
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Settlement date: | Oct. 15
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Ratings: | Moody's: Baa3
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| Fitch: BBB-
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