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MARKETS-ECONOMIC TIMES · INDIAN ·

Vedanta faces buyback costs as bonds trade above par value

As reported by Markets-Economic Times
In a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 billion refinancing endeavor. This strategic decision is designed to lower borrowing expenses and prolong debt maturities. The company is actively in dialogue with investors across the globe to streamline new funding avenues.
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