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Cancellation of Convertible Bond 2016

6th Jul 2016 18:24

RNS Number : 4782D
Vedanta Resources PLC
06 July 2016
 

 

06 July 2016  

Cancellation of 5.50 per cent Guaranteed Convertible Bonds due 2016Vedanta Resources Jersey Limited (the "Company"), a wholly owned subsidiary of Vedanta Resources Plc, hereby announces that, effective as of 6 July 2016, it has cancelled US$616,700,000 in nominal value of the US$1,131,500,000 outstanding nominal amount of the 5.50 per cent Guaranteed Convertible Bonds due 2016 (the "Bonds").

Following the cancellation of the Bonds, previous conversions and the exercise of put options by holders of the Bonds, US$514,800,000 of the nominal value of the Bonds remains outstanding.

Deepak Kumar  

Vedanta Resources PLC

+44 207 499 5900

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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