As per reports, the promoter entity will be selling 16 crore Vedanta shares in block deal at an offer price of Rs 258.5 per share on Thursday. Anil Agarwal-led Vedanta Resources, a London-based company, is taking various measures to pay its debt in the past few months.
LONDON -A group of Orpea s unsecured creditors will appeal a court decision to approve the French nursing care provider s restructuring plan, according to a statement issued late on Monday..
By extending inter-company loans, VRL can address outstanding external debt requirements, including a $1bn bond due in January 2024. The move could also enable VRL to borrow $2.4bn, upfront, using brand fee receivables to repay outstanding debt obligations.
Orpea proceeds with creditor cramdown application ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
The Support Club Acknowledges the Broad Opposition Demonstrated Amongst Unsecured Creditors to Orpea s Accelerated Safeguard Plan and Notes the Voting Process to Be an Additional Irregularity That Renders the Whole Plan Unlawful finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.