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Muthoot Finance Announces Tender Offer Results

Muthoot Finance Announces Tender Offer Results

Muthoot Finance announced the results of the tender offer for its 4.4% 2023s launched late last month that expired on April 25. It has accepted to purchase $225mn of the notes, paying a total sum of $226.1275mn including accrued and unpaid interest and any additional...

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Vedanta Reduces Debt by Another $1bn

Vedanta Reduces Debt by Another $1bn

Vedanta Resources paid down its 8% 2023s that matured yesterday alongside the coupon on its 9.25% 2026s and other loans maturing in April. It said that gross debt reduced to $6.8bn from $7.8bn at end-March 2023. Its gross debt has reduced by $2.9bn from $9.7bn at...

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