Oil India sounding out $225m loan

In:

Oil & gas

Region:

Asia-Pacific

By Aife Howse

State-owned Oil India has returned to the loan market for the first time in four years to sound out bank appetite for a $225 million term loan. Led by sole BMLA SMBC, invitations for the five-year facility were sent out on 13 February, with commitments due for 13 March.The new financing consists of...

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