- Vedanta, the Indian resources conglomerate controlled by Anil Agarwal, plans to raise at least 10 billion rupees ($105 million) through local-currency bonds in the next few weeks.
- The planned transaction would be Vedanta's third rupee bond issuance this year, as companies access debt markets amid signals that interest rates will rise.
Quotes
“plans to raise at least 10 billion rupees ($105 million) through local-currency bonds in the next few weeks”