• Latest
  • All
  • Buzz
  • Sports
  • International
  • Technology
  • Startups
  • Business
  • Entertainment
  • Blockchain
  • Crypto
  • Funding
  • Devices
  • Bollywood
  • Hollywood
  • Health
  • COVID 19
  • Finance
  • ALERTS
  • Featured
  • Politics
  • Wildlife
  • Science
Vedanta Group

Report: Vedanta Group To Raise $1 Billion From Credit Funds

March 16, 2023
Dima Nova Died

A 34-Years-Old Russian Pop Star, Dima Nova, Who Criticized Putin, Found Dead

March 22, 2023
Sandstorm in Beijing

[Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

March 22, 2023
IndusGo Raised 100 Crore

Funding Report: IndusGo Secured Rs 100 Crore From Parent Company Indus Motors

March 22, 2023
US TIkTok Ban

TikTok CEO Assures Users: US Data Never Shared with China.

March 22, 2023
Earthquake

Earthquake Alert: Strong Tremors Felt in North India

March 21, 2023
Games Store

New Games Store: Microsoft Plans to Launch Its own Games Store

March 21, 2023
General Bytes Crypto hack

General Bytes Crypto Hack: Hackers Exploit Zero-Day Security Flaw to Steal $1.6 Million from Bitcoin ATMs.

March 21, 2023
  • About Us
  • Advertise
  • Contact Us
Wednesday, March 22, 2023
  • Login
The Buzz News Logo
  • Home
  • ALERTS
    Sandstorm in Beijing

    [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

    Earthquake

    Earthquake Alert: Strong Tremors Felt in North India

    Mahindra Acquired MITRA

    Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

    Sikh Student Assaulted

    Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

    Khalistani Protestors

    [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

    Trending Tags

    • BUZZ
      Sandstorm in Beijing

      [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

      Earthquake

      Earthquake Alert: Strong Tremors Felt in North India

      Mahindra Acquired MITRA

      Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

      Sikh Student Assaulted

      Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

      Khalistani Protestors

      [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

    • Blockchain
      • Crypto
    • Business
      • Finance
    • Entertainment
      • Bollywood
      • Hollywood
    • International
      • Politics
      • Sports
    • Startups
      • Funding
    • Technology
    • Web Stories
    No Result
    View All Result
    The Buzz News Logo Sticky
    • Home
    • ALERTS
      Sandstorm in Beijing

      [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

      Earthquake

      Earthquake Alert: Strong Tremors Felt in North India

      Mahindra Acquired MITRA

      Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

      Sikh Student Assaulted

      Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

      Khalistani Protestors

      [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

      Trending Tags

      • BUZZ
        Sandstorm in Beijing

        [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

        Earthquake

        Earthquake Alert: Strong Tremors Felt in North India

        Mahindra Acquired MITRA

        Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

        Sikh Student Assaulted

        Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

        Khalistani Protestors

        [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories
      No Result
      View All Result
      The Buzz News
      No Result
      View All Result
      Home Buzz

      Report: Vedanta Group To Raise $1 Billion From Credit Funds

      by Shubham Dayal
      March 16, 2023
      in Buzz, Business, Funding
      Reading Time: 2 mins read
      Vedanta Group

      The Buzz News on Google News

      Share on FacebookShare on TwitterShare on WhatsApp

      Vedanta Group plans to raise $1 billion from the credit funds. The company widens its reach to raises from the credit funds like Davidson Kempner, Farallon Capital, and Ares SSG Capital. The idea of raising money from credit funds comes to mind when the credit market is tightened, and banks say it’s tough to pass the loan amount of $1 Billion. Also, banks are offering 300 BPS prices high than the expected rates.

      According to the reports, THL Zinc Ventures, the Subsidiary company of Vedanta Group, is negotiating an offer with Global Lenders to reduce the lending rates. Other lenders include Deutsche Bank, JP Morgan, Barclays, and Standard Chartered Bank. According to the reports, the amount will be raised at SOFT +500 BPS. But in the term sheet, lenders gave SOFT +80 BPS for around 3 Years of tenure.

      RelatedPosts

      [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

      Funding Report: IndusGo Secured Rs 100 Crore From Parent Company Indus Motors

      Vedanta Group

      Also Read: Samsung Plans to Invest $230 Billion For the Next 20 Years in South Korea Chipmaking.

      Vedanta Group is in the headlines due to its debt and repayments, but the company chief recently announced that it could easily pay debt payments. Some stakeholders raised concerns.

      Why is Vedanta Group Raising Funds?

      In addition, the Vedanta group needs help to arrange the funds to meet its maturities. Also, the government opposes the HZL board’s deal to buy THL Zinc Ventures, which will be in hard cash of around $3 Billion.

      Tags: FundingTHL Zinc VenturesVedanta Group
      ShareTweetSend
      Previous Post

      TikTok Refuses to Comply with US Demands to Divest Chinese Ownership, Sparks National Security Concerns

      Next Post

      [Watch Video] Jodhaa Akbar’s Actor Aman Dhaliwal’s Shocking Gym Attack in the US.

      Next Post
      Actor Aman Dhaliwal Attacked

      [Watch Video] Jodhaa Akbar's Actor Aman Dhaliwal's Shocking Gym Attack in the US.

      USDC

      USDC Dropped: Crypto Investors Withdraw $3 Billion From USDC in Last 3 Days.

      0 0 votes
      Article Rating
      Subscribe
      Login
      Notify of
      guest

      guest

      0 Comments
      Inline Feedbacks
      View all comments

      RECOMMENDED

      Poland Sending Fighter Jets to Ukraine
      International

      Poland to be 1st NATO Member Who Supports Ukraine with Fighter Jets

      March 17, 2023
      The Buzz News on Google News

      Categories

      • ALERTS (40)
      • Blockchain (4)
      • Bollywood (3)
      • Business (72)
      • Buzz (91)
      • COVID 19 (3)
      • Crypto (7)
      • Devices (5)
      • Entertainment (12)
      • Featured (58)
      • Finance (19)
      • Funding (17)
      • Health (5)
      • Hollywood (9)
      • International (67)
      • Politics (25)
      • Science (4)
      • Sports (9)
      • Startups (7)
      • Technology (62)
      • Wildlife (10)

      TRENDING

      AN-26 Charter Flight

      Watch Shocking Video of AN-26 Charter Flight Door Opened Mid-Air

      January 10, 2023
      Mummy with Golden Heart

      Scientists Unwrap 2,300-Year-Old Mummy with Golden Heart Scarab.

      January 25, 2023
      North Korean Hackers

      North Korean Hackers Set Record for Crypto Theft in 2022: UN Report

      February 7, 2023
      The Buzz News Header Logo Transparent

      This website follows the DNPA Code of Ethics.

      TOPICS

      • ALERTS (40)
      • Blockchain (4)
      • Bollywood (3)
      • Business (72)
      • Buzz (91)
      • COVID 19 (3)
      • Crypto (7)
      • Devices (5)
      • Entertainment (12)
      • Featured (58)
      • Finance (19)
      • Funding (17)
      • Health (5)
      • Hollywood (9)
      • International (67)
      • Politics (25)
      • Science (4)
      • Sports (9)
      • Startups (7)
      • Technology (62)
      • Wildlife (10)
      • About
      • Contact
      • Advertise
      • Privacy
      • Disclaimer

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      No Result
      View All Result
      • Home
      • ALERTS
      • BUZZ
      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      wpDiscuz
      0
      0
      Would love your thoughts, please comment.x
      ()
      x
      | Reply
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.