BPCL has raised $600 million by selling 10-year dollar bonds to investors in Asia and Europe. BPCLÂ’s Singapore arm BPRL International Singapore Pte Ltd raised the money at 200 basis points above the 10-year US treasury which came to around 4.375per cent. The bond was raised at a rate which is among the best in 10 years. This issue is also expected to open the door for more Indian companies to raise money.
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