S&P Global upgrades Vedanta Resources post maturity extensions

S&P Global has also raised its long-term issue ratings on the company's outstanding bonds due January 2024, August 2024, and March 2025 to 'CCC+' from 'D’. “Completion of the liability management exercise has alleviated refinancing risk for Vedanta Resources, although liquidity risks remain,” it said in a note on Monday. Read The Rest at :