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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...- Vedanta Resources plans to raise $500 million to refinance costly debtThe senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, ...
- Explained: American Viceroy does a Hindenburg on Anil Agarwal's Vedanta. Here's what you need to knowViceroy Research has accused Anil Agarwal's Vedanta Group of being a 'Ponzi scheme,' triggering a stock crash. The report alleges that Veda...
- Vedanta plans Rs 4,000-crore NCD issue to service debt paymentsThe holding company, Vedanta Resources (VRL), which holds a 56.3% stake in India-listed Vedanta, relies on dividends from its operating sub...
- Moody's upgrades Vedanta Resources' corporate family rating to B2Moody's Ratings on Wednesday said it has upgraded the corporate family rating of Vedanta Resources Ltd (VRL) following its successful liabi...
- Vedanta Resources plans to sharply reduce cost of funding by AprilThe $850 million private credit facility from Standard Chartered Bank, which carries a high interest rate of 18%, is secured against future...
- Dollar bonds a hit, companies suit up for an encore on Debt StreetVedanta Resources (VRL) is considering tapping its recently issued dollar bond of $900 million to raise another $400 million to $500 millio...
- 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...
- Fitch Co flags concerns over Vedanta demergerWhile 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...
- Vedanta Resources extends time till January 2 for bondholders' consentVedanta Resources Ltd has extended the deadline for bondholders to express their agreement on the revised terms of the $3.2 billion bonds d...
- Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loanThe loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regard...
- Vedanta Resources may explore dollar bond extensionLondon-based VRL, the parent of Indian operating company Vedanta, needs $1.3 billion in FY24 and $4.3 billion in FY25.
- Twin Star holdings seeks up to $501 million via Vedanta share saleAs per reports, the promoter entity will be selling 16 crore Vedanta shares in block deal at an offer price of Rs 258.5 per share on Thursd...
- Vedanta Resources' bonds decline on profit drop at India-listed armVRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, ...
- CreditSights recommends ‘buy’ on VRL offshore bondsCreditSights, owned by Fitch Ratings, has recommended investors buy bonds of Vedanta Resources (VRL) with a high-risk appetite and a possib...
- Vedanta Resources' dollar bonds gain after assurance from S&PS&P said VRL has enough liquidity until December 2023 and needs to raise at least another $1 billion for sustaining liquidity beyond Decemb...
- 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 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...
- Large dividend from India unit boosts Vedanta Resources' refinancing efforts: Moody'sOn April 28, 2022, mining company Vedanta Ltd announced that its board of directors approved an interim dividend of Rs 11,710 crore (USD 1....
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