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Vedanta raises Rs 2,575 crore via 3-year bond to refinance existing debt

Vedanta raises Rs 2,575 crore via 3-year bond to refinance existing debt

Vedanta Limited has made headlines by securing ₹2,575 crore via a three-year bond sale, locking in a coupon of roughly 8.95%. This funding initiative is primarily aimed at restructuring their existing liabilities and addressing imminent debt maturities.

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