{"id":461287,"date":"2022-01-11T10:17:42","date_gmt":"2022-01-11T04:47:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461287"},"modified":"2022-01-11T11:09:59","modified_gmt":"2022-01-11T05:39:59","slug":"vedanta-resources-plans-to-raise-up-to-1-billion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vedanta-resources-plans-to-raise-up-to-1-billion\/","title":{"rendered":"Vedanta Resources plans to raise up to $1 billion"},"content":{"rendered":"<p>Mumbai: Billionaire Anil Agarwal&#8217;s Vedanta Resources plans to raise up to $1 billion selling bonds to global investors. The UK-based company is seeking to refinance existing debt, a move that is expected to reduce its funding costs, said three people familiar with the matter.<\/p>\n<p>Those international debt securities may have three-year and five-year maturities.<\/p>\n<p>One of the company&#8217;s existing debt is set for repayment in June 2022 for about $1.2 billion for Vedanta. <\/p>\n<p>\u201cThe proceeds will primarily be used for that (repayment),&#8221; one of the persons cited above, told ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Billionaire Anil Agarwal&#8217;s Vedanta Resources plans to raise up to $1 billion selling bonds to global investors. The UK-based company is seeking to refinance existing debt, a move that is expected to reduce its funding costs, said three people familiar with the matter. Those international debt securities may have three-year and five-year maturities. One of the company&#8217;s existing debt is set for repayment in June 2022 for about $1.2 billion for Vedanta. \u201cThe proceeds will primarily be used for that (repayment),&#8221; one of the persons cited above, told ET.<\/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":[130,191,136],"tags":[],"class_list":["post-461287","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461287","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=461287"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461287\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}