Vedanta Resources Ltd. on December 10, sold $1 billion of securities at one of the highest yields for a dollar bond in Asia this year. The mining conglomerate is planning to use the money to finance a buyback offer for $670 million of notes maturing in June 2021.Vedanta Resources to issue $400 million Notes to Oaktree Capital Group to meet liquidity needs
Vedanta Resources Ltd. on December 10, sold $1 billion of securities at one of the highest yields for a dollar bond in Asia this year. The mining conglomerate is planning to use the money to finance a buyback offer for $670 million of notes maturing in June 2021.
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
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