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

Dununu.com Dununu

Sponsor

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

RSS Feed Business

Posted

56

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!

AIIMS BSc. Nursing Result Date 2025: Check when and how to download scorecard online

By 0 1

Madhesh government’s policies and programs to be presented today

JANAKPURDHAM: The Madhesh provincial government is set to present its policies and programs for...

By 0 1

Trump-Musk rift widens: Elon warns tariffs could trigger 'US recession by 2nd half of this year'; Tesla shares plunge 14%

A public feud erupted between Donald Trump and Elon Musk after Musk warned that Trump's tariffs...

By 0 5

Musk vs Trump: Donald Trump says Elon Musk has TDS. what does Trump Derangement Syndrome mean?

A rift has emerged between Elon Musk and Donald Trump, marked by public exchanges and insults....

By 0 11

Trump vs Musk: Who was Jeffrey Epstein? Elon Musk links sex offender to Donald Trump in latest jab

Elon Musk's recent claim that Donald Trump's name appears in sealed government documents related...

By 0 11