Vedanta Resources Plc on April 4 announced plans to redeem for cash all of its outstanding 9.5% notes due July 18, 2018.
The settlement is expected to occur May 4 and will see the company reducing its near-term gross debt by US$379 million.
Vedanta extends debt maturity with US$379M notes redemption
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Vedanta Resources Plc on April 4 announced plans to redeem for cash all of its outstanding 9.5% notes due July 18, 2018.
The settlement is expected to occur May 4 and will see the company reducing its near-term gross debt by US$379 million.