Vedanta Resources Ltd has raised 500 million dollars through bonds in October and will use the proceeds to repay near-term obligations. The company stated that, "the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits". "The Group now has no material maturities until FY27," it said.
short by
Dharini Mudgal /
04:23 pm on
26 Oct