State-run Indian Oil Corp (IOC) has appointed three merchant bankers for its maiden overseas bond issue of $500 million (Rs 2,325 crore).

IOC has appointed HSBC, Standard Chartered and Deutsche Bank for the issue likely this year, official sources said here.

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New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - HDIL Q4 net up 70%, revenue rises by 13% - Keshub to retire as Chairman of M&M Anand to take over - GMR Infra posts Rs 366 cr loss in Q4 - GAIL profit dips 38% in Jan-Mar

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