Searched for
REFINANCING VEDANTA
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-...
S&P upgrades Vedanta Resources rating on stronger finances, demergerThe rating upgrade reflects the company's strengthening financial operations, improving cost structures, proactive refinancing and continue...
Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...
India Inc reduced overseas bond issues on local liquidity, rupee fallIndian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attracti...
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 ...
S&P raises Vedanta Resources' rating to "B+" on easing refinancing risksS&P Global Ratings upgraded the rating on Vedanta Resources on Monday, citing easing refinancing risks for the UK-based natural resources g...
Vedanta has clear 3-year runway before it faces the debt wall: CreditSightsVedanta Resources secured a $300 million loan to refinance higher-interest bonds due in 2026 and 2028, reducing refinancing risk and intere...
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 to raise Rs 1,000 cr in debtVedanta Ltd will issue ₹1,000 crore in non-redeemable non-convertible debentures (NCDs) with a 15-month tenure linked to MIBOR, paying 3.75...
Moody's downgrades Vedanta parent's CFR rating to Caa2 on elevated debt riskThe agency has also downgraded to Caa3 from earlier Caa2 its rating on the senior unsecured bonds issued by Vedanta Resources and those iss...
S&P Global Ratings revises outlook to negative for Vedanta ResourcesIn a statement, it said Vedanta Resources' weakened access to cash flow from its operating subsidiaries at a time of challenging external f...
Crisil downgrades outlook for Vedanta citing dividend outflowsVedanta on Tuesday announced an interim dividend of ₹20.50 per share - its fifth for the year. With this, the company's total outflow on ac...
Vedanta acting CFO Ajay Goel resigns, effective April 9Goel’s resignation comes at a time when Vedanta Group, led by Anil Agarwal, is struggling to deleverage its balance sheet, with credit rati...
Moody's downgrades Vedanta's ratings over likelyhood of 'payment default'"Ongoing delays in Vedanta Resources' refinancing efforts and its continued reliance on dividend receipts are depleting liquidity at its op...
HZL dividend to ease refinancing pressure on Vedanta: Moody'sMoody's said Vedanta's 62.9 per cent-owned subsidiary, Vedanta Ltd will receive Rs 6,580 crore ($982 million) of dividends for its sharehol...
Vedanta group may soon launch mega debt recast plan; refinancing will happen in phasesThis refinancing will happen in phases and is the largest in Indian corporate history after Tata Steel successfully refinanced $7 billion l...
Standard & Poor's removes Vedanta from negative credit watchS&P has removed Vedanta Resources from negative credit watch saying that the London-listed firm's re-financing risk has reduced after secur...