Oil & Natural Gas Corpn sets up USD 2 bn Euro Medium Term Note Programme

Oil & Natural Gas Corpn has set up a Euro Medium Term Note (EMTN) Programme of US$ 2 billion which will be listed on Singapore Stock Exchange. An EMTN Programme is an uncommitted facility and any drawdown thereof under this document would be subject to funding requirements. This is landmark achievement for ONGC as it is amongst select few corporates and India's first Oil & Gas public sector integrated energy major to set up an EMTN Programme.

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