#VedantaResources #BondIssue #Oversubscription #DebtProfile #CapitalMarkets #CorporateFinance #GlobalInvestment #FinanceNews #DebtReduction #Deleveraging #CreditRatings

Vedanta Resources $500 Mn Bond Issue Gets 3x Oversubscription; Company Strengthens Debt Profile

Vedanta Resources $500 Mn Bond Issue Gets 3x Oversubscription; Company Strengthens Debt Profile

#VedantaResources #BondIssue #Oversubscription #DebtProfile #CapitalMarkets #CorporateFinance #GlobalInvestment #FinanceNews #DebtReduction #Deleveraging #CreditRatings ·         Final orders of over US$1.6 billion, 3x oversubscription from existing as well as new set of investors across APAC, EMEA and the US. ·         With this offering, Vedanta has raised US$3.6 billion from international bond markets in the last 14 months. Chandigarh: Vedanta Resources Finance II plc, a subsidiary of Vedanta Resources Limited, said in an exchange filing that its US$500 million bond issue attracted bids exceeding US$1.6 billion, more than triple the issue size. “The bonds received final orders of over US$1.6 billion, recording more than 3x…
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