{"id":379767,"date":"2020-10-21T12:04:00","date_gmt":"2020-10-21T06:34:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=379767"},"modified":"2020-10-21T12:46:11","modified_gmt":"2020-10-21T07:16:11","slug":"vedanta-resources-rating-heat","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vedanta-resources-rating-heat\/","title":{"rendered":"Vedanta Resources rating heat"},"content":{"rendered":"<p>Moody\u2019s Investors Service on Tuesday placed Vedanta Resources Limited\u2019s rating under review for downgrade following its failure to delist the Indian listed subsidiary.<\/p>\n<p>Moody\u2019s placed the London-based firm\u2019s B1 corporate family rating (CFR) under review for downgrade. The same action was also initiated for the B3 ratings on the senior unsecured bonds issued by Vedanta and those by its wholly-owned subsidiary Vedanta Resources Finance II Plc, and guaranteed by Vedanta, affecting $4.2 billion in outstanding debt.<\/p>\n<p>\u201cThe ratings outlook was changed to ratings under review from negative,\u201d Moody\u2019s said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moody\u2019s Investors Service on Tuesday placed Vedanta Resources Limited\u2019s rating under review for downgrade following its failure to delist the Indian listed subsidiary. Moody\u2019s placed the London-based firm\u2019s B1 corporate family rating (CFR) under review for downgrade. The same action was also initiated for the B3 ratings on the senior unsecured bonds issued by Vedanta and those by its wholly-owned subsidiary Vedanta Resources Finance II Plc, and guaranteed by Vedanta, affecting $4.2 billion in outstanding debt. \u201cThe ratings outlook was changed to ratings under review from negative,\u201d Moody\u2019s said in a statement.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-379767","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=379767"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379767\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=379767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=379767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=379767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}