Thu 12/15/2022 23:06 PM
Editor's note: The following article was originally published on the night of Thursday, Dec. 15, and is being republished below during business hours to reach a wider audience.
Management of Vedanta Resources Ltd., or VRL, said on an earnings call Thursday, Dec. 15, that the company plans to raise roughly $1.5 billion by February to meet its upcoming debt maturities, by raising about $500 million from state-owned banks, rolling over a $150 million loan from Barclays and upscaling debt at its...
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