Anil Agarwal pledges shares of Mauritius company that owns 13.26% stake in VedantaAs per the documents, Finsider International UK, a company ultimately held by Anil Agarwal’s Volcan Investments, has pledged 1.3 billion sh...
28 Feb, 2024, 02.13 PM IST
Vedanta Resources bond rejig gains traction with higher early consent feeThe company had pushed the early consent deadline from December 27 to January 2 on investor demand. Early consent fee of 2% will boost the ...
03 Jan, 2024, 05.37 AM IST
Vedanta faces investor reckoning over $3.2 billion of bondsVedanta's dollar notes due this month were the most supportive of the firm’s liability management exercise, while the remaining three trade...
02 Jan, 2024, 09.07 AM IST
Vedanta Resources extends time till January 2 for bondholders' consentVedanta Resources Ltd has extended the deadline for bondholders to express their agreement on the revised terms of the $3.2 billion bonds d...
23 Dec, 2023, 11.57 PM IST
Oaktree Capital provides ₹3,400cr debt facilities to Vedanta for 18 monthsOaktree has stipulated that Vedanta would have to pay 17% interest on the debt in the event of a default, the people said. The proceeds wil...
23 Dec, 2023, 09.19 AM IST
India-listed Vedanta raises Rs 3400 crore from Oaktree Capital at 12%India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upco...
23 Dec, 2023, 09.17 AM IST
Vedanta Resources confident of bond recast plan successAn ad hoc group holding two guaranteed bonds of Vedanta Resources (VRL) has advised investors to reject the proposed bond restructuring out...
21 Dec, 2023, 06.33 AM IST
Vedanta Resources bondholders appoint Cleary Gottlieb Steen & Hamilton LLP as legal advisorA group of bondholders of Vedanta Resources, including Oaktree Capital Management and Avenue Capital, have appointed Cleary Gottlieb Steen ...
22 Sep, 2023, 09.38 AM IST
Vedanta Resources taps credit funds for $1 billion loanThe mining and metals conglomerate has $1 billion of 13.875% bonds coming up for repayment in January, another $1 billion of 6.125% paper d...
21 Sep, 2023, 06.49 AM IST
Vedanta Resources seeks to extend maturity of shorter-term bonds by 3 yearsThe company management also disclosed that, as part of its liability management exercise (LME), it would have limited cash available. It pl...
12 Sep, 2023, 12.46 AM IST
Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loanThe loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regard...
06 Sep, 2023, 12.14 AM IST
Vedanta Resources appoints advisor to identify bondholdersA tranche of $1 billion, with a coupon of 13.875%, is due January next year and the remaining thereafter, which could put pressure on the g...
25 Aug, 2023, 05.57 AM IST
Vedanta in talks with Barclays to raise Rs 1,500cr loanThe loan will have a first exclusive charge over the fixed assets of the Thoothukudi (Tuticorin) copper smelter in Tamil Nadu and an exclus...
15 Apr, 2023, 01.09 AM IST
Vedanta Resources' dollar bonds gain after assurance from S&PS&P said VRL has enough liquidity until December 2023 and needs to raise at least another $1 billion for sustaining liquidity beyond Decemb...
06 Apr, 2023, 06.11 AM IST
Vedanta Resources sounds out bondholders on debt extensionPressures are mounting at London-based Vedanta Resources after the delisting flopped, given it would have helped the holding company more e...
26 Nov, 2020, 03.50 PM IST
Vedanta Resources to buy back bonds worth up to $250 millionThe offer commenced on February 1 and will close on February 8 with settlement scheduled for February 10, 2016.
02 Feb, 2016, 10.05 PM IST
Vedanta Resources to buy back bonds worth $500 mnMetals and mining conglomerate Vedanta Resources will repurchase in cash bonds worth $500 million (about Rs 3,300 crore) out of its outstan...
13 Jan, 2016, 09.04 PM IST