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 This announcement contains inside information within the meaning of Regulation (EU) No 596/2014 of 16 April 2014 on market abuse 

LONDON -Saturday, August 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Vedanta Resources plc (“Vedanta”, the “Company”, LSE: VED) today announced the pricing of an offering of bonds in the aggregate principal amount of US$1.0 billion of 6.125% Bonds due 2024 (the “Bonds”).

Vedanta intends to use the net proceeds from this offering primarily to fund its offers to purchase for cash any and all of its outstanding US$ 774,772,000 6.00% Bonds due 2019 (“2019 Bonds”) and US$ 900,000,000 8.25% Bonds due 2021 (“2021 Bonds”), and to repay other existing indebtedness. Vedanta has received and accepted for purchase US$522,513,000 of the 2019 Bonds and US$229,843,000 of the 2021 Bonds.

This comprehensive refinancing plan announced earlier by the Company is leverage neut ... Read more »

Views: 60 | Added by: africa-live | Date: 08.06.2017 | Comments (0)

This announcement contains inside information within the meaning of Regulation (EU) No 596/2014 of 16 April 2014 on market abuse.

 

LONDON -Saturday, August 5th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Vedanta Resources plc (the “Company” or “Vedanta”) (LSE: VED) today announced the expiration and results of its previously announced tender offers to purchase for cash (the “Tender Offers”) any and all of its outstanding US$ 774,772,000 6.00% Bonds due 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38 (Regulation S); CUSIP: 92241T AH5, ISIN: US92241TAH59 (Rule 144A) (the “2019 Bonds”) and US$ 900,000,000 8.25% Bonds due 2021, CUSIP: G9328D AG5, ISIN: USG9328DAG54 (Regulation S); CUSIP: 92241T AG7, ISIN: US92241TAG76 (Rule 144A) (the “2021 Bonds” and, together with the 2019 Bonds, the “Bonds”). The Tender Offers expired at 8:00 a.m. New York time, on 3 August 2017 (the “Expiration Time&rdq ... Read more »

Views: 69 | Added by: uaeonlinenews | Date: 08.06.2017 | Comments (0)