Vedanta raises $900 million via bonds at 10.875%

Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used to refinance existing debt. The bond sale attracted strong interest from global investors, with orders totaling $1.45 billion, indicating confidence in Vedanta’s growth and financial stability. Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used to refinance existing debt. The bond sale attracted strong interest from global investors, with orders totaling $1.45 billion, indicating confidence in Vedanta’s growth and financial stability.  Economic Times

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