The bonds are anticipated to be rated “B-” by S&P World Rankings.
The difficulty acquired last orders of $1.45 billion from buyers, an oversubscription of over 1.6 occasions, Vedanta stated.
Greater than 102 buyers took half within the subscription, the place 41% bonds have been allotted to Asia, 4% to Europe, Center East and Africa, and 35% to the US.
Barclays, Citigroup, Deutsche Financial institution, JP Morgan and Commonplace Chartered Financial institution acted as joint world coordinators and managers for the difficulty.
(By Meenakshi Maidas; Enhancing by Sonia Cheema)