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flag Vedanta Resources proceeds with $500M bond sale to refinance debts amid market volatility.

flag Vedanta Resources, a UK-based mining firm, is moving ahead with a $500 million dollar bond sale to refinance existing bonds due in 2028, following a postponement last week amid market volatility. flag The bond sale, coming days after the US indictment of Adani Group's founder, will test investor interest in high-yield Indian offshore debt. flag Managed by major banks including Citigroup and JPMorgan, the bond offering includes two parts maturing in 3.5 and seven years, with interest rates set at 10.375% and 11.375%, respectively.

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