Vedanta Ltd's board approved selling a 3.31% stake in Hindustan Zinc Ltd, worth over Rs 8,000 crore, will enhance funds for debt repayment ...

While Vedanta has said that it aims to value the assets of its demerged entities by their book values, CreditSights believes that it is a r...

Ahead of its restructuring, Vedanta Resources had $3 billion due in the current financial year, and $4.6 billion in the next. Post restruct...

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...

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

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

As part of the plan, Vedanta Resources is to pledge 13% of its stake in Vedanta Ltd (VDL) to secure a $1.25 billion financing package from ...

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.

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...

The agency has also downgraded to Caa3 from earlier Caa2 its rating on the senior unsecured bonds issued by Vedanta Resources and those iss...

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...

Cash-strapped Vishal Retail may soon become a shell company if the restructuring package proposed by lenders is implemented.