CreditSights recommends a ‘buy’ for Vedanta Resources for offshore bonds

June 14, 2023

CreditSights, owned by Fitch Ratings, has recommended investors buy bonds of Vedanta Resources (VRL) with a high-risk appetite and a possible sharp sell-off nature. However, it also expects VRL to handle its debt maturities in the next 12 months and anticipates the rally in bond prices by 10-15 points.

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