- Vedanta Bond Repayment is due in January 2024
- Two more Bonds are maturing in August 2024, March 2025
- Total Bond Repayment due including loans
2024 : $2.7Bn
2025 : $3.6Bn
Total Due : ~Rs 53000 Cr
Vedanta has still figuring out this repayment. Company officials are meeting Investors from Singapore & Hong Kong to arrange funds.
Meanwhile amid these events, Rating Agencies have downgraded Vedanta In international markets.
Existing International Bonds are now trading below their issue price adding more worries.
Our View : Vedanta & its owner Mr. Anil Agarwal has enough resources to pay back these Debts, but timely actions need to be taken in order to ensure the existing value of the company assets remain of good value, which in turn can be utilised.
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