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Vedanta raises nearly $1.4 billion in overseas bonds

The company offered 13 per cent for the three-year bonds. The process of pricing was on until publication of this report. These bonds are reportedly backed by Vedanta Ltd shares. Vedanta Holdings Mauritius II Ltd, a wholly owned step-down subsidiary of Vedanta Resources, issued those debt securities.

from Markets-Economic Times https://ift.tt/3iO1z0O
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