Wed 07/12/2023 00:31 AM
UPDATE 2: 12:32 a.m. ET 7/12/2023: The Vedanta Resources Ltd., or VRL, bond curve was down five to six points early today, July 12, before recovering two to three points, following Reorg’s July 11
report that the company is in early stage talks to partly take out its bonds due in January 2024 and March 2025, as well as exchange the remaining bonds - including the $1 billion 6.125% bond due August 2024 - to extend their repayment timelines, according to two buyside sources.
Bond prices...
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