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Vedanta Resources raises $500 million
Mint Chennai
|October 27, 2025
Anil Agarwal-led Vedanta Resources Ltd (VRL) has raised $500 million through bonds in October and will use the proceeds to repay near-term obligations.
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As per the letter to the bondholders, the company stated that “the average maturity of its debt portfolio is now over four years, and it has reduced its weighted average interest cost to single digits, reflecti
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