Tue 04/04/2023 07:35 AM
UPDATE 1: 7:35 a.m. ET 4/4/2023: Farallon Capital Management is close to finalising a $1.25 billion loan at Zinc International, an offshore 100% subsidiary of Vedanta Ltd. or VDL, three sources familiar with the matter said. According to the sources, the deal was signed last week but the conditions on the disbursement of loan, necessary to help VDL’s parent Vedanta Resources Ltd, or VRL, to refinance debt, remain unclear.
Meanwhile, S&P Global Ratings during a webinar held today, April 4,...
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