Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / GAIL to get $100 mn loan from Bank of Tokyo
BackBack

GAIL to get $100 mn loan from Bank of Tokyo

GAIL to get $100 mn loan from Bank of Tokyo

File photoPremium

File photo

New Delhi: State-run gas utility GAIL (India) Ltd has tied up a $100 million, five-year, term loan from Bank of Tokyo-Mitsubishi UFJ, the company said on Tuesday.

File photo

GAIL said the loans would be used to partly fund its ongoing expansion and new project requirements of about $9 billion.

GAIL had taken a term loan of $150 million from Bank of Tokyo-Mitsubishi UFJ in June this year.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 06 Dec 2011, 06:56 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie