Vedanta Resources accepts bids worth $800 million for dollar bonds, bankers say

Vedanta Resources accepts bids worth $800 million for dollar bonds, bankers say

Vedanta Resources has accepted bids worth $800 million for two planned dollar bonds to refinance debt. The company will pay a coupon of 10.25% on three-year and six-month bonds and 11.25% on seven-year bonds.

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