Moody's on Vedanta Resources bonds: Moody's downgrades rating on senior unsecured bonds issued by Vedanta Resources

The rating for the Corporate Family Rating (CFR) of Vedanta Resources was also downgraded to Caa3 from Caa2, Moody's said. Last week, Vedanta Resources, the UK-headquartered parent company of Vedanta group, received bondholders' approval to restructure four series of bonds.

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