Vedanta Resources to launch second dollar bond sale amid Adani crisis
Mon, Nov 25, 2024 7:55 PM

Vedanta Resources to launch second dollar bond sale amid Adani crisis

A Flip by Shubhangi Gupta
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Vedanta Resources Ltd is moving forward with its second dollar bond issuance in two months, seeking investor interest in Indian offshore debt following the recent US indictment of Adani Group founder Gautam Adani in an alleged bribery case. The offering could raise up to $500 million and is seen as a key test for global demand for Indian high-yield credit in the wake of the Adani controversy.

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