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Moody's - Outlooks on Russian, Azerbaijani and Kazakh banking systems turn stable on improving economic prospects

Moody's - Outlooks on Russian, Azerbaijani and Kazakh banking systems turn stable on improving economic prospects
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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vedanta: Rising interest rates making it difficult for Anil Agarwal to take control of Vedanta

The stakes are high for Agarwal, whose personal holding company has amassed about $7 billion of debt and faces a far less receptive bond market than it did in early 2020. Winning full control of Vedantas cash-rich balance sheet would help Agarwal meet those liabilities. ....

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Vedanta's dues, rising interest rates sound trouble for Anil Agarwal

Anil Agarwal supercharged his rise from scrap metals trader to billionaire commodities magnate by embracing bold acquisitions and lots of debt.
But that decades-long playbook is now being put to the test as rising borrowing costs complicate Agarwal’s efforts to clinch a buyout of the publicly traded crown jewel of his globe-spanning empire. His battle for control over Vedanta Ltd. is highlighting the risks for indebted tycoons in India and around the world as interest rates climb from historic lows and family businesses grapple with complicated holding structures.
The stakes are high for London-based Agarwal, whose personal holding company has amassed about $7 billion of debt and faces a far less receptive bond market than it did in early 2020. Winning full control of Vedanta’s cash-rich balance sheet would help Agarwal meet those liabilities. ....

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Billionaire commodities dealmaker squeezed by rising rates

Anil Agarwal supercharged his rise from scrap metals trader to billionaire commodities magnate by embracing bold acquisitions and lots of debt. ....

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vedanta: Rising interest rates making it difficult for Anil Agarwal to take control of Vedanta

vedanta: Rising interest rates making it difficult for Anil Agarwal to take control of Vedanta
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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