Vedanta Invites Bids to Sell National Asset Copper Plant
Vedanta Ltd. is in exploratory stages of deciding to sell its Sterlite Copper unit based in Tuticorin, Tamil Nadu by inviting bids from interested buyers. In an exchange filing, the company indicated that since the matter was only at an exploratory stage, any such...
Vedanta Announces Dollar Bonds’ Tender Offer Results
Vedanta Resources announced the results of the tender regarding its $1bn 6.375% bonds due 2022, where it offered to purchase up to $500mn in aggregate principal amount for cash. The company will buyback $468.775mn or about 93.7% of the $500mn amount capped. Investors...
Vedanta Reports Early Results of Tender Offer
Vedanta Resources released an update on the tender offer as at the early tender deadline regarding its $1bn 6.375% bonds due 2022. Vedanta said that an aggregate principal amount of $468.375mn, or about 93.7% of the $500mn amount capped by Vedanta. The settlement of...
