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S&P warns of possible credit rating downgrade for Vedanta Resources over debt policy shifts

S&P Global Ratings has warned that any changes in Vedanta Resources financial policy regarding debt transactions could lead to a downgrade of its credit rating. This would occur if Vedanta attempts a debt deal without adequate compensation or buys back debt below its face value. Vedanta is currently exploring ways to meet its obligations, but S&P maintains a negative outlook on the company due to potential funding shortfalls.

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