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Vedanta to proceed with dollar bond sale in first post-Adani India credit test

By Yahoo! Finance   |   Nov 25, 2024 at 05:14 AM EST
Vedanta to proceed with dollar bond sale in first post-Adani India credit test

Vedanta Resources is set to launch a dollar bond sale following the Adani group controversy. The $500 million issue will gauge global interest in Indian high yield credit. Vedanta plans to use the funds to refinance outstanding bonds.

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