ONGC Videsh Ltd., founded in 1965 and headquartered in New Delhi, India, is the overseas investment arm of Oil and Natural Gas Corporation (ONGC). The company is dedicated to exploring and exploiting oil and gas resources outside of India, aiming to secure energy assets globally. Notable services include hydrocarbon exploration, production, and investments in a diverse range of international projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ONGCIN 3.75% 2026-07-27 USDONGC Videsh Ltd. | India | 2026-07-27 | 3.750 | 4.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ONGC Videsh has been an active participant in the bond market since the early 2000s, using bond issuances to fund its overseas ventures. In 2019, the company issued bonds worth $1 billion to refinance existing debts, signaling its commitment to maintaining robust financial health. Recent yields on its bonds have been closely aligned with industry averages, reflecting investor confidence, while features such as callable options have made them appealing. As of 2023, ONGC Videsh continues to explore opportunities for further bond issuances to support its expansion strategies and leverage favorable market conditions.