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Vedanta secures $1 25B for debt refinancing; S&P downgrades rating

Vedanta secures $1 25B for debt refinancing; S&P downgrades rating
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Vedanta secures $1 25 billion for debt refinancing; S&P downgrades rating

Vedanta secures $1 25 billion for debt refinancing; S&P downgrades rating
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Vedanta secures $1 25 bn for debt refinancing; S&P downgrades rating

New Delhi, Dec 14 (PTI) Vedanta Resources Ltd (VRL), the UK-headquartered parent company of Vedanta group, said it has secured a USD 1.25 billion loan from private credit lenders to refinance/repay part of the USD 3.2 billion debt maturing in 2024 and 2025, but this did not prevent S&P Global from downgrading its ratings.

Vedanta secures $1 25B for debt refinancing; S&P downgrades rating

Vedanta secures $1 25B for debt refinancing; S&P downgrades rating
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

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