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VEDANTA INTEREST SAVINGS
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Vedanta Resources secures $600 mn loan for refinancing high-cost pvt credit facilityVedanta Resources has secured a USD 600 million term loan to refinance a high-cost private credit facility, with USD 380 million already co...
Vedanta Resources eyes investment grade rating, plans to cut debt to USD 3 bn by FY27Vedanta Resources Ltd (VRL) aims for an investment-grade credit rating, driven by deleveraging, a proposed demerger at Vedanta Ltd, and str...
Vedanta to use Rs 5,000 cr NCD funds to cut high-cost debt, save Rs 350 crore in interestVedanta Ltd plans to save ₹350 crore in interest by using ₹5,000 crore raised through unsecured NCDs to retire high-cost debt. The NCD issu...
Vedanta Resources seeks $550 million refinancingVedanta Resources is in talks with lenders from the Middle East, Europe, and Japan to refinance a $550 million credit facility maturing in ...
Vedanta saves Rs 1,027 cr by retiring costly debt with cheaper loansVedanta has realized significant savings in interest payments by refinancing high-interest loans with lower-cost debt, reducing its debt dr...
Vedanta cuts debt by $550 million, saves $90 million in interest costsVedanta has repaid a high-cost $900 million loan, reducing net debt by $550 million and saving $90 million annually in interest. The repaym...
Vedanta Resources subsidiary raises $300 million via tap issueThe fund-raise happened within the initial price guidance of 10.07%. The funds will be used to partially refinance $606 million of its outs...
Vedanta Resources repays USD 869 million in October to redeem bonds due in 2027 and 2028As per VRF's exchange filing, with the repayment on October 4, the 2027 bonds have been fully redeemed and are no longer outstanding.
Vedanta Resources repays USD 869 million in October to redeem bonds due in 2027 and 2028Vedanta Resources Ltd has paid USD 869 million in October to redeem high-interest bonds maturing in 2027 and 2028. This forms part of a liq...
Vedanta raises $900 million via bonds at 10.875%Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used t...
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...
Divestment shortfall: Centre has math readyIn the February budget, the central government marked down the disinvestment target to ₹50,000 crore from ₹65,000 crore budgeted initially....
Vedanta Ltd raises Rs 8,000 crore secured term loan from Union Bank of IndiaVedanta prepaid Rs 10,000-crore term loans availed from four local banks at over 10% in December. It repaid the entire Rs 5,000 crore loan ...
Vedanta Raises Rs 8k cr Loan from UBI to Prepay High-cost DebtMetals and mining company Vedanta has raised Rs 8,000 crore secured term loan from Union Bank of India at 7.75% last month and used the pro...
ET Analysis: Take private or is Anil Agarwal taking “stock” only for a sale ?Vedanta has been bruised badly as commodity prices have collapsed to decadal lows.
Vedanta Q3 profit zooms 4.5 times on higher commodity pricesRevenue went up 31% on consolidated basis to Rs 19,320 crore compared with a year ago.
Cairn-Vedanta merger now by June 2016, says group firmMining baron Anil Agarwal-led Vedanta Resources today said the merger of its subsidiaries Vedanta Ltd and cash-rich Cairn India will happen...
- Natarajan stops fresh Vedanta bid to mine Niyamgiri hills
Environment and forests minister Jayanthi Natarajan nixed yet another attempt by Vedanta to get Niyamgiri bauxite mines in Odisha that Rahu...
- Rahul visits Vedanta site, backs tribals
Rahul Gandhi today hailed the decision as a victory for tribals of the area and vowed to fight for their cause.