Vedanta Resources close to raising $1.25 billion from Standard Chartered Bank, Cerberus Capital
New Delhi | Mumbai: Vedanta Resources, the London-based parent of India’s oil-to-metals conglomerate Vedanta, is close to finalizing a $1.25 billion loan availed jointly from Standard Chartered Bank and Cerberus Capital Management that could help it avert a default on bonds due in January, said people aware of the matter. Standard Chartered Bank will underwrite … Read more
