Vedanta Resources Plc

LONDON, July 22, 2024 /PRNewswire/ -- Vedanta Resources Holdings Limited , the diversified global mining, metals, natural resources, energy, and technology conglomerate today confirmed that it has paid USD 245.75 million in line with its commitment under the KCM scheme of arrangement. This paves the way for imminent reinstatement of the Board of Directors of KCM and the return of full management control to Vedanta [...]

US$1,000,000,000 13.875% NOTES DUE 2024 AND US92243XAD30 ) ; AND US$1,200,000,000 8.95% NOTES DUE 2025 AND US92243XAE13 ) On 28 September 2023, Cleary Gottlieb Steen & Hamilton LLP sent a letter to the Company on behalf of a group of investors holding nearly 25% of the 2024 Guaranteed Notes and nearly 25% of the 2025 Guaranteed Notes. The Ad Hoc Group is also in close contact with other large holders of the [...]

Vedanta Resources Limited , the parent company of Vedanta Limited, India's largest natural resources company, has deleveraged by $2 Bn in the past 11 months, thus achieving half of its $4 Bn 3-year debt reduction commitment in the first year alone. Powered by robust domestic consumption in the fastest growing major economy, Vedanta is delivering healthy cash flows whilst maintaining disciplined capital allocation and [...]

Offer to Purchase for Cash Any and All of the Outstanding 8.25% Bonds due 2021 Vedanta Resources Limited hereby announces the results as of the Early Tender Deadline with respect to its previously announced offer to purchase for cash from each registered holder, on the terms and subject to the conditions set forth in the tender offer memorandum dated December 4, 2020, as supplemented by the supplemental tender offer [...]

Vedanta Resources Limited Offer to Purchase for Cash Any and All of the Outstanding 8.25% Bonds due 2021 Vedanta Resources Limited hereby announces the commencement of its offer to purchase for cash from each registered holder , on the terms and subject to the conditions set forth in the tender offer memorandum dated December 4, 2020 prepared in connection with the Tender Offer , any and all of its outstanding 8.25 [...]

Vedanta Resources plc (“Vedanta”, the “Company”, LSE: VED) today announced the pricing of an offering of bonds in the aggregate principal amount of US$1.0 billion of 6.125% Bonds due 2024 (the “Bonds”). Vedanta intends to use the net proceeds from this offering primarily to fund its offers to purchase for cash any and all of its outstanding US$ 774,772,000 6.00% Bonds due 2019 [...]

Vedanta Resources oday announced the expiration and results of its previously announced tender offers to purchase for cash any and all of its outstanding US$ 774,772,000 6.00% Bonds due 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38; CUSIP: 92241T AH5, ISIN: US92241TAH59 and US$ 900,000,000 8.25% Bonds due 2021, CUSIP: G9328D AG5, ISIN: USG9328DAG54 (Regulation S); CUSIP: 92241T AG7, ISIN: US92241TAG76 (Rule 144A) (the [...]

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NOT FOR DISTRIBUTION IN THE UNITED STATES Vedanta Resources plc (“Vedanta”, LSE:VED) today announced the pricing of the offering of bonds in the aggregate principal amount of US$ 1.0 billion of 6.375% Bonds due 2022 (the “Bonds”). Vedanta intends to use the net proceeds from this offering primarily to fund its offer to purchase for cash any and all of its outstanding US$ 750,000,000 9.50 [...]

Vedanta Resources today announced the expiration and results of its previously announced tender offers to purchase for cash any and all of its outstanding US$ 750,000,000 9.50% Bonds due 2018 and US$ 1,200,000,000 6.00% Bonds due 2019. The Tender Offers expired at 8:00 a.m. New York time, on 24 January 2017. At the Expiration Time, valid tenders had been received with respect to approximately US$ 370,868,000 of the [...]