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

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles