: Oil bond sale
at Monday, April 12, 2010
IOC raises Rs.1350 cr from oil bond sale
Indian Oil Corp (IOC) raised Rs.1, 350 crore from sale of oil bonds in
the secondary market, a top company official said. IOC sold 6.90% or
2,026 oil bonds at a yield of 8.35% or Rs.87.40, he said. The company
got Rs.87.40 for every Rs.100 bond. ICICI Securities Primary
Dealership, Axis Bank, SPA Merchant Bankers, Almondz Securities and A
K Capital Services were among the arrangers of the issue.
Financial Express, New Delhi, April 9, 2010
