Construction financing has been increased to $1.64 bn by the company
Tag: Standard Chartered Bank
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IOC raises $500 mn via bond issue
Indian Oil Corporation (IOC) raised $500 mn through issue of 10 year dollar denominated bonds at a coupon of 5.75 percent. The state-run oil marketing company (OMC) roped in Deutsche Bank, HSBC and Standard Chartered Bank as the joint book-runners for the bond sale. Around 400 investors across the globe offered bids worth about $3.5 bn for subscribing to the bonds. The bidd
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Standard Chartered buys stake in wind farm
Standard Chartered Bank has bought a stake in a wind farm, Green Infra, to source green energy for an office in Chennai. The bank is targeting improvements in energy and resource efficiency in its buildings.