Chennai Petroleum Corporation Limited (CPCL), founded in 1965 and based in Chennai, India, operates as a key player in the Indian oil refining sector. The company primarily focuses on refining crude oil and producing a variety of petroleum products, including gasoline, diesel, and other specialty chemicals.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CHENPT 5.78% 2025-07-17 INRChennai Petroleum Corp. Ltd. | India | 2025-07-17 | 5.780 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CPCL started issuing bonds in the mid-1990s to support its expansion and modernization efforts. Notably, in 2020, CPCL issued INR 1,000 crore worth of bonds with a tenure of 10 years at a competitive interest rate, reflecting its strong market position. Currently, the yield on CPCL bonds is competitive within the industry, which underscores investor confidence in its operational stability and growth prospects. The company's bonds have special features, such as callable options, adding flexibility for investors. Recent news indicates a focus on green financing initiatives, indicating CPCL's commitment to sustainability while exploring opportunities in emerging energy markets.