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Vedanta Resources Collects $1 Billion In Bond Sales

Vedanta Resources Collects $1 Billion In Bond Sales

Wednesday, January 25, 2017, 7:08 PM

Vedanta Resources which is based in London, has raised $1 Billion through a 5 year bond sale. This sale is made to overseas investors at a fixed coupon rate of 6.375%. Anil Agarwal is the promoter of Vedanta Resources. The proceeds from the bond sale will go towards refinancing liabilities of the Company.
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