by bondevalue | May 14, 2021 | High Yield Bonds, India
Vedanta Ltd, subsidiary of Vedanta Resources Limited announced strong financial results for 4Q2021 and full year ended Mar 31, 2021. The 4Q revenue of the leading diversified natural resource company stood at INR 278.74bn ($3.8bn), up 24%QoQ and up 43% YoY due to...
by bondevalue | Mar 19, 2021 | High Yield Bonds, India
Vedanta Limited revealed through an exchange filing on the Bombay Stock Exchange that Vedanta Resources Limited together with Twin Star Holdings Limited, Vedanta Holdings Mauritius Limited and Vedanta Holdings Mauritius II Limited, collectively called persons acting...
by bondevalue | Feb 18, 2021 | Credit Ratings, High Yield Bonds, India
Rating agency Moody’s changed Vedanta Resources Ltd (VRL) outlook to negative from ratings under review after their review for downgrade initiated in early December 2020. The corporate family rating was confirmed at B2 and its senior unsecured bonds at Caa1. Holding...
by bondevalue | Feb 17, 2021 | High Yield Bonds, India
Vedanta’s dollar bonds rose by 2-3 points on Tuesday with its 9.25% 2026s and 8% 2023s leading the pack, up 2.6 and 2.5 points to 89.63 and 94.00 respectively on the secondary markets. This comes after the company announced on Monday that it is inviting bids for...
