Searched for
DEBT REPAYMENT VEDANTA
Vedanta faces buyback costs as bonds trade above par valueIn a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 bill...- Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
- Vedanta secures highest credit rating in over decade following ICRA UpgradeVedanta Group achieved its highest domestic credit rating in over a decade. ICRA upgraded key group entities, Vedanta Ltd and Vedanta Alumi...
- Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
- Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
- Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash GaurJaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...
- SC refuses to interfere with order allowing Adani to acquire Jaiprakash Associates in blow to VedantaThe Supreme Court of India has refused to halt Adani Enterprises' acquisition of Jaiprakash Associates, a decision impacting Vedanta Group....
- 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 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 to use Rs 8,500 crore QIP to repay Union Bank of India, Oaktree and Deutsche BankThe funds raised will help reduce overall indebtedness, cut debt servicing costs, and improve the debt-to-equity ratio. It will enable bett...
- Vedanta promoter in talks with GQG Partners to sell $1 billion worth stake: ReportThe final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a bloc...
- Moody's downgrades Vedanta Resources on debt rejig concerns"The downgrade reflects elevated risk of debt restructuring over the next few months because VRL has not made any meaningful progress on re...
- Vedanta plans to meet investors as it faces $2 billion debt billVedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of ...
- Vedanta Resources extends inter company loan from Cairn India by a year at revised terms of 17% vs 7% earlierApart from extending the inter company loan and revising terms, on Friday, the management informed investors that the brand fee or royalty ...
- Vedanta bonds fall as liquidity worries revive amid chip setbackVedanta Resources, owned by Indian billionaire Anil Agarwal, is facing concerns over debt repayments and finances, as evidenced by a slump ...
- Vedanta parent raises $450 million from two rivalsVRL has raised $200 million in finance from commodities trading company Trafigura Group and $250 million from mining and natural resources ...
- Promoter entity trims holding in VedantaVedanta Netherlands Investments BV, a promoter group company, has reduced its stake in Vedanta Ltd from 1.71% as of December 31, 2022, to 0...
- Vedanta Holdco eyes up to $2 billion in bridge loansTwin Star Holdings, a unit of the London-based Vedanta Resources, is talking to multiple global financiers such as JP Morgan, Barclays, Deu...
- Vedanta used Cairn loan to repay inter-company loanCairn had on July 23, 2014 disclosed in an investor presentation that it had extended USD 1.25 billion of loan from its cash pile to Sesa S...
- Vedanta to be accountable for Cairn's $3.2-billion tax demand: Moody'sCairn India, which is 60% owned by Vedanta and is being merged with the metal and mining firm, has stated that it does not agree with the t...
Load More
