Vedanta Resources has successfully garnered tenders worth approximately $943 million for its dollar bonds through an early participation window in its debt buyback. This significant uptake, representing 45% of its $2.1 billion outstanding bonds, signals investor confidence. Market watchers attribute this positive response to attractive yields and Vedanta's strengthening refinancing capabilities, a crucial move for the miner's debt management.

Vedanta Resources Finance II plans a three-tranche dollar bond issuance to buy back high-cost notes, targeting $2 billion refinancing.

Vedanta Resources has successfully garnered tenders worth approximately $943 million for its dollar bonds through an early participation window in its debt buyback. This…

Vedanta unit raises $1.75 billion in dollar bonds to refinance over $2 billion of high-yielding debt, bankers report.