Vedanta board to meet on September 21 to consider bond issue
Vedanta Resources has $1 billion 13.875% bonds due in January 2024, $1bn 6.125% bonds due in August 2024 and $1.2bn 8.95% bonds due in March 2025. At a bondholders meeting organized by Standard Chartered Bank and JP Morgan between September 11 and 15 at Singapore and Hongkong, it proposed extending the tenure of the bonds by three years, as reported by ET on September 12.
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