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HPCL to raise $200 million through ECBs

18 Sep 2012 Evaluate

Hindustan Petroleum Corporation (HPCL), oil refiner and marketing company is planning to raise about $200 million through overseas market to fund the capital expenditure. It has sought requests from bankers for proposed ECB. Earlier in last September it had raised a $465 million five-year loan via 165 points above Libor. 

HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam, (east coast) with a capacity of 7.5 MMTPA.

HPCL Share Price

373.85 -0.75 (-0.20%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1462.95
Indian Oil Corp. 142.30
BPCL 301.80
HPCL 373.85
MRPL 159.50
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