India Miner Vedanta Mulls First Dollar Bond Sale of $500 Million
- Company controlled by billionaire Agarwal is weighing plan
- Sale to help fund $1.9 billion of capital expenditure in 2025
Vedanta has historically sold local currency bonds and borrowed in rupees from local lenders.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
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The Indian mining company controlled by billionaire Anil Agarwal is considering tapping bond markets for at least $500 million in a debut overseas issuance, according to two people familiar with the proposal.