Vedanta Resources Bonds Rise After Cairn Merger Deal Sweetened

  • Higher odds Cairn India shareholders will agree to terms: MUFG
  • Vedanta bonds due 2021 set for biggest gain since March 31

Vedanta Resources Plc’s 2021 notes are set for their biggest gain in more than three months after its India-listed mining subsidiary sweetened the terms of a merger with Cairn India Ltd.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.