Vedanta plans to raise 30 billion rupees through second bond issue of fiscal year
Vedanta plans to raise 30 billion rupees through a bond sale by the end of March. This second debt issue comes as the firm nears a major restructuring.
Insights:
Vedanta Limited has announced its plan to raise 30 billion rupees through the issuance of shorter-duration bonds before the end of March. The company, which is based in India 
IN, is targeting the completion of this sale in the first half of March. These bonds are expected to carry a tenor of two and/or three years, providing the firm with immediate capital as it approaches the end of the current fiscal year.
IN, is targeting the completion of this sale in the first half of March. These bonds are expected to carry a tenor of two and/or three years, providing the firm with immediate capital as it approaches the end of the current fiscal year.
