{"id":24803,"date":"2024-02-11T07:58:33","date_gmt":"2024-02-11T07:58:33","guid":{"rendered":"https:\/\/faceinews.com\/?p=24803"},"modified":"2024-02-11T07:58:33","modified_gmt":"2024-02-11T07:58:33","slug":"vedanta-resources-limited-vrl-vedanta-announces-that-it-completed-repayments-to-its-bondholders","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=24803","title":{"rendered":"Vedanta Resources Limited (VRL\/Vedanta) announces that it completed repayments to its bondholders"},"content":{"rendered":"

Vedanta Resources Limited (VRL\/Vedanta) announces that it completed repayments to its bondholders on February 7, 2024 in line with the consents it received earlier in the year in which maturities of $3.2 bn in bonds were successfully extended to 2029.<\/p>\n

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VRL is pleased to note that with the completion of this exercise, the debt maturities at VRL are more evenly spread which was our main objective for the exercise.<\/p>\n

As you are aware, Vedanta Group announced a significant demerger and reorganization plan in September last year. This will recast the Vedanta Group across 17 major businesses. Each of the business has world-class management leadership, employ the latest cutting-edge technologies have import substitution and fulfilment of domestic demand as a core proposition. They also offer high quality and diversified investment opportunities to institutional and retail investors alike. We will update progress on the implementation on a timely basis.<\/p>\n

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Vedanta Resources Limited (VRL\/Vedanta) announces that it completed repayments to its bondholders on February 7, 2024 in line with the consents it received earlier in the year in which maturities of $3.2 bn in bonds were successfully extended to 2029. VRL is pleased to note that with the completion of this exercise, the debt maturities […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,29,10,13,25,30,11,27,34,28],"tags":[],"class_list":["post-24803","post","type-post","status-publish","format-standard","hentry","category-business","category-classifieds","category-corporate","category-education","category-entertainment","category-finance","category-new-hopes","category-news","category-technology","category-value-added-services"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/24803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24803"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/24803\/revisions"}],"predecessor-version":[{"id":24804,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/24803\/revisions\/24804"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}