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ONGC Videsh plans to raise $700 million from overseas investors

The company plans to retire old loans

Topics
ONGC Videsh | Overseas Investors | OVL

Dev Chatterjee  |  Mumbai 



ONGC
OVL, is the investment arm of India’s oil and gas major ONGC, and has invested in several fields across the world.

(OVL) is planning to raise $700 million from as syndicated loans in its efforts to take advantage of the falling interest rates in the international markets and retire its old loans.

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First Published: Fri, September 03 2021. 23:20 IST

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