News
08 August 2018

Vedanta Resources out for loan to fund delisting

In:
Metals and Mining
Region:
Europe

Vedanta Resources is in negotiation with banks for a short-term loan to fund its delisting from the London Stock Exchange. Volcan Investments, a family trust under Vedanta’s majority owner and founder Anil Agarwal, is acting as guarantor for the borrowing vehicle Volcan Cyprus. Agarwal is...

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