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BPCL to raise USD 500 million through bond issue
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Wednesday, 17 Oct 2012
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Business Line reported that BPCL plans to raise USD 500 million via a bond issue.

Mr RK Singh CMD of BPCL said that the fund raising will happen within three days. He also reiterated that BPCL was not looking to exit its overseas exploration and production assets. The company has struck it big in its quest for hydrocarbon assets abroad, especially in Mozambique.

Source - Business Line

(www.steelguru.com)

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