ONGC lists USD 300 mn MTN issue on India INX
New Delhi, Dec 6 () BSE-owned India International Exchange (India INX) on Friday said it has listed state-owned ONGC’s USD 300 million medium-term note issue on its debt listing platform.
The maiden issue is part of ONGC’s medium term note (MTN) programme to raise up to USD 2 billion in overseas borrowings through debt-instrument.
The notes under the programme have been issued at a coupon rate of 3.375 per cent due in 2029, the release said.
India INX is the country’s first debt listing platform that allows raising funds in any currency of choice by both foreign and Indian issuers from investors across the globe.
