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Our Bureau

Mumbai, Feb. 2

Hindustan Petroleum Corporation Ltd is in the process of finalising external commercial borrowings of Yen equivalent to $100 million with a green shoe option of $50 million for a period of five years, the company informed in a BSE notice.

A spokesperson of the company said the amount would be utilised to meet the ongoing capital expenditure of the company. The borrowing is being arranged through HDFC Bank and DEPFA Bank.

More Stories on : Overseas Borrowings | Petroleum | Hindustan Petroleum Corporation Ltd

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