{"id":639215,"date":"2024-03-21T10:31:58","date_gmt":"2024-03-21T05:01:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=639215"},"modified":"2024-03-21T10:31:58","modified_gmt":"2024-03-21T05:01:58","slug":"oil-india-to-take-external-commercial-loan-route-to-raise-550-million-loans-to-fund-expansion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-to-take-external-commercial-loan-route-to-raise-550-million-loans-to-fund-expansion\/","title":{"rendered":"Oil India to take external commercial loan route to raise $550 million loans to fund expansion"},"content":{"rendered":"<p>Mumbai: Oil India, the country&#8217;s second-biggest state-owned oil and gas explorer, is set to raise $550 million in a five-year external commercial loan facility through Bank of Baroda (BoB) to fund expansion into petrochemicals, ethanol, biogas, and renewable energy and run its operations. The five-year loan will be linked to the six-month benchmark secured overnight financing rate (SOFR).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Oil India, the country&#8217;s second-biggest state-owned oil and gas explorer, is set to raise $550 million in a five-year external commercial loan facility through Bank of Baroda (BoB) to fund expansion into petrochemicals, ethanol, biogas, and renewable energy and run its operations. The five-year loan will be linked to the six-month benchmark secured overnight financing rate (SOFR).<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-639215","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/639215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=639215"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/639215\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=639215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=639215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=639215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}