by Amruth Sundarkumar | Nov 29, 2021 | Corporates, India
The promoter holding companies of Vedanta Ltd. have raised $800mn by pledging shares in the company. Details were revealed in a statement released by the company: Twin Star Holdings entered into an agreement with Standard Chartered Bank, London to raise $400mn Vedanta...
by bondevalue | Feb 26, 2021 | High Yield Bonds, India
Vedanta Resources Ltd (VRL) raised $1.2bn via a 4Y non-call 3.5Y bond (4NC3.5) at a yield of 8.95%, a solid 42.5bp inside initial guidance of 9.375% area. The bonds have expected ratings of B- and received orders over $2.6bn, 2.2x issue size. APAC took 49%, EMEA 30%...
