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Vedanta Funding: Vedanta Resources has initiated discussions with bondholders to address bonds maturing in 2024 and 2024, including USD 1 billion maturing in January.

Vedanta Ltd, the Indian subsidiary of Vedanta Resources, has raised ₹2,500 crore through non-convertible debentures with an interest rate of 12%. The funds will be used for capital expenditure or loan repayment. Vedanta Resources, the parent company, has been downgraded by S&P Global Ratings due to debt issues and a funding gap of $600 million.

Office sector continues to struggle from remote work trends, Bell Partners raised a $1.3B fund focused on U.S. apartments

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman participated in the high-level meeting on Sri Lanka debt issues on the sidelines of the Int