Indian mining firm Vedanta Ltd. explores $500M+ overseas bond sale after strong bond performance.
Indian mining firm Vedanta Ltd., controlled by billionaire Anil Agarwal, is considering a $500M+ debut overseas bond sale, exploring equity sales and local currency loans as well. This comes after Vedanta Resources Ltd.'s bonds performed well this year. Vedanta has operations in semiconductors, commodities (aluminum, oil & gas, iron, copper), and plans $1.9B capex spending for 2024-25.
June 24, 2024
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