This month, the Anil Agarwal-promoted company got investor approval to recast the debt ahead of a redemption deadline, with more than 97% o...

The rating for the Corporate Family Rating (CFR) of Vedanta Resources was also downgraded to Caa3 from Caa2, Moody's said. Last week, Vedan...

People familiar with the matter told ET that the approval is more than 97% for bonds maturing in 2024, 2025, and 2026. The company had to i...

UK-based Vedanta Resources said on Wednesday it received bondholders' support to restructure some of its near-term debt, easing repayment p...

Vedanta Resources Ltd has extended the deadline for bondholders to express their agreement on the revised terms of the $3.2 billion bonds d...

Oaktree 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...

India-listed Vedanta has raised funds around the time its holding company is working round the clock to arrange funds to refinance its upco...

An ad hoc group holding two guaranteed bonds of Vedanta Resources (VRL) has advised investors to reject the proposed bond restructuring out...

The dividend of Rs 11 a share will result in a cumulative payout of Rs 4,089 crore, the company said in an exchange filing. The company’s b...

The management was speaking to bondholders for consent solicitation exercise for restructuring a series of bonds, including those due in Ja...

Sources told ET that the new loan is expected to be raised at a significantly higher interest rate, around 17-18%, compared with prepayment...

Fresh borrowing coupons by Vedanta have become the benchmark as they are offering close to 17-18%, higher than the 14% for rollovers.

The proximity of Vedanta Resources' large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability...

Vedanta shares fell over 6% to hit a fresh 52-week low of Rs 210 on Wednesday after Moody's downgraded the corporate family rating for the ...

"The downgrade reflects elevated risk of debt restructuring over the next few months because VRL has not made any meaningful progress on re...

Initial feedback from investors in Singapore and Hong Kong reveals discomfort with the proposed restructuring, raising the possibility of o...

The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regard...