Indian Oil Corp raises $123 mln via CP issue-sources
MUMBAI |
MUMBAI Aug 27 (Reuters) - State-run Indian Oil Corp (IOC.BO) has raised 6 billion rupees ($123 million) through short-term debt, two sources with knowledge of the deal said on Thursday.
The company sold six-month commercial paper at a yield of 4.50 percent on Wednesday, they added.
ICICI Securities Primary Dealership arranged the CP issue. ($1=48.9 Indian rupees) (Reporting by Anurag Joshi and Jeanette Rodrigues; Editing by John Mair)
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