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EM-focused Vedanta plans new notes to fund tender offer
Chicago, Dec. 3 – Vedanta Resources Ltd. (formerly Vedanta Resources plc) is planning a new offering of notes concurrent with a tender offer for any and all of its $670.16 million 8¼% bonds due 2021, according to a press release.
The bonds will be offered via Rule 144A and Regulation S.
Vedanta Resources is a London-listed natural resources company that produces aluminum, copper, zinc, lead, silver, iron ore, oil, gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka.
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