Vedanta Resources accepts bids worth $800m for two dollar bond issues

Vedanta Resources accepts bids worth $800m for two dollar bond issues

FILE PHOTO: A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo

UK-based Vedanta Resources, parent of India’s Vedanta, has accepted bids worth $800 million for two planned dollar bonds to refinance outstanding debt due in 2028, two bankers said on Tuesday.

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