Vedanta high-yield bond

Vedanta prices high-yield jumbo despite volatility

Vedanta and Lonking raise a combined $2 billion from international bond investors in a volatile market.

<div style="text-align: left;"> Vedanta's aluminium refinery at Lanjigarh </div>

Denise Wee

May 30, 2011

Indian billionaire Anil Agarwal’s Vedanta Resources priced a record-breaking $1.65 billion high-yield bond early Friday morning after a three-year absence from the international bond market.

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