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  1. Indian firms mop-up $1.55 bn in three days

Indian firms mop-up $1.55 bn in three days

Indian companies have managed to mop up $1.55 billion through offshore bond issues

By: | Mumbai | Published: April 30, 2015 4:15 AM

With Bharat Petroleum Corporation raising $500 million through its offshore bond issue at a pricing of 208 basis points above the 10-year US treasury yield according to a bond arranger close to the development, Indian companies have managed to mop up $1.55 billion through offshore bond issues, reports fe Bureau in Mumbai.

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