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Vedanta’s parent company planning to raise $1 billion in dollar bonds: Report

27 Jul 2017 Evaluate

In a bid to pare high-cost debt and build an expansion kitty ahead of the mining cycle turnaround, Vedanta Resources, the parent company of Vedanta is planning to raise up to $1 billion in dollar bonds. In this regard, bankers from Barclays, J.P. Morgan, HSBC and Credit Suisse, and the London-based Vedanta are conducting investor road-shows in North America, Europe, Middle East and Asia. Bonds in the latest series would be due for redemption in either 7 or 10 years.

Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.

Vedanta Share Price

780.05 -7.55 (-0.96%)
20-Apr-2026 11:38 View Price Chart
Peers
Company Name CMP
Hindalco 1019.80
Vedanta 780.05
Hindustan Zinc 587.50
Jain Resource Recycl 409.50
Gravita India 1679.85
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