Vedanta to raise Rs 5,000 crore via NCDs; offers up to 9.45% coupon...

Dununu.com Dununu

Sponsorluk

Vedanta to raise Rs 5,000 crore via NCDs; offers up to 9.45% coupon

RSS Feed Business

Posted

60

Vedanta Ltd is poised to raise up to Rs 5,000 crore through private placement of secured non-convertible debentures (NCDs). The offering, with staggered maturities, features a coupon of around 9.35%-9.45%, higher than sovereign bond yields. Proceeds will be used for debt repayment and capital expenditure. Anchor investors include prominent mutual funds and insurance companies.

Read Full Article

Please log in to like, share and comment!

TikToker Khaby Lame arrested by ICE for illegally staying in US? Here's the truth

By 0 0

EĞİTİM BİLGİLERİ

ATMA 2025 results declared: Here's how to check your scorecard at atmaaims.com

By 0 15

Maoist Centre engages with citizens to address public concerns: Leelamani Pokharel

CHITWAN: CPN (Maoist Centre) Secretary Leelamani Pokharel has stated that the party has launched...

By 0 15

Rana breaks silence on Deepika’s 8hr workday demand

Tollywood star Rana Daggubati has joined the ongoing discussion about work-life balance following...

By 0 19

Tapping out: Kabul may be first modern city to run out of water

Kabul is facing a severe water crisis, potentially becoming the first modern city to completely...

By 0 28