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.