9th Feb 2016 08:39
LONDON (Alliance News) - Vedanta Resources PLC on Tuesday said the maximum acceptance amount of the outstanding bonds it might re-purchase has been increased to USD321.9 million from USD250.0 million.
The securities in question are the Vedanta Resources Jersey Ltd USD1.25 billion, 5.50% guaranteed convertible bonds due 2016.
Shares in the natural resources company were down 8.4% at 223.02 pence on Tuesday morning.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Vedanta Resources