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Vedanta Resources' strong operating outlook to help debt servicing: S&P


Vedanta Resources strong operating outlook to help debt servicing: S&P
ANI |
Updated: May 18, 2021 13:35 IST
We forecast Vedanta Ltd will generate solid consolidated free operating cash flow of 2.5 billion dollars in fiscal 2022 (year ending March 2022) based on the company s operational and capital expenditure guidance.
Strong commodity prices should support Vedanta Ltd s robust performance, enhancing its ability to pay dividends to Vedanta Resources and help the parent s refinancing, it said.
Vedanta Resources will use part of the proceeds of its 1.2 billion dollar bond issued in February to meet its debt maturities of 550 million dollars (including inter-company loans) in the quarter ending June 2021. ....

India General , Vedanta Resources Ltd , Vedanta Ltd , Hindustan Zinc Ltd , Tuesday Vedanta Resources Ltd , Vedanta Resources , Hindustan Zinc , இந்தியா ஜநரல் , வேதாந்தா வளங்கள் லிமிடெட் , வேதாந்தா லிமிடெட் , ஹிந்துஸ்தான் ஸிஂக் லிமிடெட் , வேதாந்தா வளங்கள் , ஹிந்துஸ்தான் ஸிஂக் ,