Fitch affirms Vedanta Resources at a 'B-' rating with a positive outlook

Fitch Ratings has maintained Vedanta Resources Limited's (VRL) 'B-' rating with a positive outlook, signaling potential improvement. The agency also assigned a 'B-' rating to VRL's senior unsecured debt and $1.2 billion in proposed notes, with a Recovery Rating of 'RR4'. The positive outlook reflects VRL's improved financial flexibility, reduced debt, and access to capital for refinancing and debt management.