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THL ZINC VENTURES
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 gets offers of $1.6 bn for bond issueVedanta Resources has launched a dollar bond issue at a final price guidance of 10.875%, with an order book of $1.6 billion. The proceeds w...
Vedanta Holdco plans $1.5-billion notes issuanceVedanta Resources plans to raise up to $1.5 billion through a five-year dollar bond sale, aiming to refinance existing debt and reduce borr...
Vedanta raises Rs 2,500 crore from Oaktree for refinancing, capexTwo funds backed by Oaktree Capital subscribed to the non-convertible debentures maturing on March 27, 2025. Vedanta has offered a 12% upfr...
Cash-strapped Vedanta closing in on $1.5-$2 billion fund from FarallonThe structure being worked out involves part of the funding, $800-$900 million against corporate guarantees of Vedanta Limited (VDL), Agarw...
Vedanta seeks RBI nod to give guarantees for $1-billion loanVRL is seeking funds to meet its upcoming debt obligations and has been engaged in talks with banks as well as private funds. VRL has $400 ...
Vedanta seeks time to get nod for transfer of reservesThe company had got equity shareholders' approval in October 2022 but is yet to get secured creditors' approval.
Anil Agarwal, Foxconn's man in India, is battling company debtVedanta hit the headlines last year for the biggest ever private investment in India — a gargantuan semiconductor unit it plans to build in...
Vedanta shares fall over 4%. Here's whyVedanta Resources said it has pre-paid all of its debt that was due for repayment till March 2023, deleveraging by $2 billion in the past 1...
Vedanta looks to raise up to $1 billion from credit fundsTHL Zinc Ventures, a wholly owned subsidiary of India-listed Vedanta Ltd (VDL), is negotiating with global lenders including JP Morgan, Bar...
Tycoon Anil Agarwal claims to turn Vedanta a zero-debt company amid investor sell-off, increased scrutiny“Everybody wants to finance us,” Agarwal told the Financial Times in an interview, citing Indian banks and “American funds”, which he decli...
The woes of Vedanta: How Anil Agarwal's troubles built upThe woes of Vedanta began when rating agency Moody's in October last year downgraded London-based holding company Vedanta Resources, raisin...
Vedanta Resources prepays loans, plans to raise up to $1 billionVedanta Resources has been exploring ways to raise funds to meet upcoming debt maturities, after Indian government's nominees on group comp...
Vedanta to sell Zinc International assets to Hindustan Zinc for $2,981 millionThe assets held THLZV through THL Zinc Ltd (Mauritius) comprising shares held in Black Mountain Mining Pty Ltd, South Africa (69.6 per cent...