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.