Friday 1 May 2015

BPCL raises $500 million to fund capital expenditure:

Bharat Petroleum Corporation Ltd has launched an issue of USD 500 million fixed rate unsecured notes due 2025, which were priced on April 29, the company said in BSE filing .

The 10-year notes will bear a fixed interest of 4 per cent with interest payable semi-annually.

BPCL said that the notes will be listed on the Singapore Stock Exchange and the proceeds will be used for capital expenditure purposes, the company added.
Alliance Research
Bharat Petroleum Corporation Ltd has launched an issue of USD 500 million fixed rate unsecured notes due 2025, which were priced on April 29, the company said in BSE filing .

The 10-year notes will bear a fixed interest of 4 per cent with interest payable semi-annually.

BPCL said that the notes will be listed on the Singapore Stock Exchange and the proceeds will be used for capital expenditure purposes, the company added. - See more at: http://www.indiainfoline.com/article/news-top-story/bpcl-raises-500-million-to-fund-capital-expenditure-115050100266_1.html#sthash.0zbSiJPu.dpuf

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