Vedanta Resources secures $600 mn loan for refinancing high-cost pvt credit facility

  • Posted on June 24, 2025
  • By Business News Today
  • 3 Views
Vedanta Resources secures $600 mn loan for refinancing high-cost pvt credit facility

Vedanta Resources has secured a USD 600 million term loan to refinance a high-cost private credit facility, with USD 380 million already committed by a consortium of international banks. This refinancing aims to reduce interest costs by approximately USD 50 million annually and extend debt maturity, enhancing the company's credit profile.
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