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Vedanta gets $300 mn in loans to refinance debt

Mint Kolkata

|

January 11, 2025

Vedanta Resources—the parent firm of Mumbai-based mining conglomerate Vedanta Ltd—on Friday said it has secured $300 million in loans from a clutch of leading global banks such as Barclays and First Abu Dhabi Bank for refinancing its 2024 and 2026 bonds.

- PTI

The proceeds will be used to refinance outstanding 2024 and 2026 bonds and meet other debt-servicing obligations, Vedanta Resources said in an exchange filing.

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