After Moody’s, S&P Global cuts Vedanta Resources’ rating; co placed under 'CreditWatch negative'
The proximity of Vedanta Resources' large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability management exercise, S&P Global said. The parent of Vedanta Ltd has initiated talks with bondholders to help address the company's bond maturities of about $3 billion, including $1 billion in January 2024
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