Searched for
VEDANTA FUNDRAISE
Moody’s report suggests India’s private credit market could double by FY30India's private credit market is set for robust expansion, projected to reach $50 billion by FY30. Driven by escalating corporate funding n...
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
Vedanta back in debt market, seeks Rs 2k cr via metals armVedanta's ESL Steel is set to raise ₹2,000 crore via non-convertible debentures. This fundraising follows a previous ₹5,000 crore raise ear...
Vedanta's committee of directors approves raising up to Rs 3,000 crore via NCDsVedanta plans to raise Rs 3,000 crore through Non-Convertible Debentures (NCDs) on a private placement basis. The decision follows the comp...
Vedanta plans Rs 4,000-crore NCD issue to service debt paymentsThe holding company, Vedanta Resources (VRL), which holds a 56.3% stake in India-listed Vedanta, relies on dividends from its operating sub...
Vedanta to save Rs 1,000 crore in interest costs yearly on debt repaymentVedanta expects to save ₹1,000 crore annually in interest costs after utilizing proceeds from a recent ₹8,500 crore fund-raising to repay d...
Vedanta raises Rs 8,500 crore by selling 19 cr shares at Rs 440 apiece via QIPThe QIP witnessed significant interest from foreign institutional investors (FIIs), mutual funds, insurance companies and other investors, ...
Vedanta upsizes QIP to $1 billion on back of strong demandIn an exchange filing on Monday, the metals-to-oils conglomerate announced that its fundraising committee had approved the QIP's launch at ...
Vedanta launches QIP to raise up to Rs 8,000 croreThe company also added that it may offer a discount of not more than 5% on the floor price for the issue. The QIP aims to raise $600 millio...
Vedanta announces launch of QIP, sets floor price at Rs 461.2 apieceEarlier in May, the company announced plans to raise up to Rs 8,500 crore to reduce its debt, with shareholder approval secured last month....
Vedanta to raise Rs 1,000 crore via debt issue; stock spikes 6%The billionaire Anil Agarwal-led Vedanta is in the middle of splitting into six different units in a move aimed at shoring up the group's f...
Vedanta to raise Rs 1,000 crore through private placement of NCDs, stock jumps over 6%Vedanta's shares surged 6.5% on BSE as the board approved a Rs 1,000 crore fundraise through non-convertible debentures via private placeme...
Vedanta to raise Rs 2,500 crore through debt securitiesThe fundraise will take place through the issue of non-convertible debentures on a private placement basis. The billionaire Anil Agarwal-le...
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...
Vedanta's board approves Rs 2,500-cr fundraise via NCDsThe natural resources major will raise funds through 250,000 debentures with a face value of ₹100,000 each. These debentures will be unrate...
Vedanta to raise up to Rs 2,500 crore via NCDsVedanta has two separate term loans of Rs 300 crore and Rs 1000 crore due on November 14, 2023, and on March 31, 2024, respectively. The fr...
Vedanta plans to raise Rs 2,100 cr via NCDsVedanta will be issuing up to 21,000 secured, unrated, unlisted, redeemable NCDs of face value ₹10 lakh each in one or more tranches, as pe...
Vedanta Resources hires Cantor Fitzgerald to raise $2 billion to service debtNew York-headquartered Cantor offers a host of financial services including placement of high yield and distressed debt for its clients wor...
Vedanta Resources' liquidity hinges on fund-raising: S&P"However, sustaining liquidity beyond that would depend on the completion of at least one of two key ongoing transactions: a targeted USD 2...
Vedanta promoters raise $1.4 billion to retire debtPromoters of Vedanta have pledged their holding in the company to raise $1.4 billion, mostly for repaying the debt that was coming up for m...