29
Oct
#VedantaResources #Deleveraging #DebtReduction #CapitalStructure #CostOfDebt #FinancialDiscipline #BondIssuance #StrongerBalanceSheet #Vedanta #CashFlows #BusinessResilience #Commodity #Mining #ResourceSector #Liquidity · Recent $500 million bond issuance strengthens funding base and clears near-term maturities. · VRL now has no material debt due for the next three years. · Core businesses continue to deliver strong cash flows. Chandigarh: Vedanta Resources Limited stated in a letter to bondholders that the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits, reflecting a stronger, more resilient capital structure. The publication has seen a copy of the…