Vedanta seeks $450 million to repay top-performing junk bonds

January 10, 2025

Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to reduce the group’s debt. Junk bonds offered the highest returns in 2024 for dollar-denominated issuances by Indian companies.

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