Vedanta plans to meet investors as it faces $2 billion debt bill
Vedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of notes due next year. The junk-rated Indian miner's bonds are currently trading below 75 cents on the dollar, indicating financial distress. S&P Global Ratings has also downgraded the company's rating outlook.
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