ONCG Videsh Vankorneft raises USD 1 billion from international markets
Oil & Natural Gas Corpn announced that ONCG Videsh Vankorneft, an indirect subsidiary of ONGC Videsh (direct wholly owned subsidiary of ONCG) has priced on 19 July 2016 USD 1 billion Notes comprising of USD 400 million Senior Unsecured Notes due 2022 and USD 600 million Senior Unsecured Notes due 2026 in the international capital markets. The Notes are guaranteed by ONGC. The Notes have been assigned a rating of Baa2 (Moody's) and BBB- (S&P).Powered by Capital Market - Live News
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