Vedanta mulls first dollar bond sale of $500 mn in debut overseas issuance

Quick Summary:

Vedanta has interests in semiconductors and commodities including aluminum, oil and gas, iron and copper.

The company said the split would be completed in the fiscal year ending in March 2025.

Last week, the company’s board approved the sale of Rs 1,000 crore ($120 million) in local, non-convertible debentures.

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Category: BusinessFinance

Markets: IndiaLiberiaNamibiaSouth Africa

Topics: Anil Agarwal Dollar bond sale Equity sales Bond market Bond sale Vedanta

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Article Type: News Report

Published On: 2024-06-24 @ 12:06:38 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 21362109

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