A unit of state-run Oil and Natural Gas Corp plans to raise up to USD900 million in the first quarter of 2013 through a dollar bond issue to fund an acquisition in Azerbaijan.ONGC Videsh , part of the country's largest energy explorer, has hired Deutsche Bank, Citigroup and RBS for the fund raising. The firm is expected to issue bonds with 5 or 10-year tenure and the deal is expected to hit the market in January after the documentation process is complete, the sources said.
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