Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parent - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parent

Vedanta Semiconductors, a wholly owned subsidiary of Vedanta, raised Rs 1,804 crore in debt from private creditors such as Varde Partners and Davidson Kempner. The proceeds will be used to lend to Vedanta Ltd to repay its debt, said people with knowledge of the matter.


Post Top Ad