Vedanta logo. File. | Photo Credit: Roomers
The mining company reduced US $ 900 million.
In June June June June 1 billion of the loan Vedanta has performed the best from USD June June 1 billion in June June June 1 billion.
In addition, Vedanta rose from 9.6 per cent to 9.6 per cent per year from the JP and other bankers.
The refinancing package also comes with improved terms and conditions.
The move is deployed with the broader defamatory strategy of Vedanta. Up to December Top of December, its net shop-to-IbitD ratio improved to 1.9x in Q1 FY24, 1x medium target.
Meanwhile, its parent company Vedanta Resources Limited (VRL) reduced the debt (VRL) to US $ 4.9 billion – the lowest level in a decade.
Vadanta is 9.40-9.50% coupon rate, including an unsafe alternative debentures (NCD), Nippon and Aditya Birla.
Rating agencies are positively responded.
Published – March 12, 2025 12:12 PM
