AgenciesVedanta Resources has paid all its maturing loans and bonds due in April 2023, the billionaire Anil Agarwal-led company said in a statement.
Vedanta's gross debt stood at $6.8 billion as of Monday, down from $7.8 billion at the end of March, the company said, adding that the London-based firm had completed 75% of its debt reduction commitment.
S&P Global Ratings had in February said that the company could meet its obligations until September, though liquidity beyond that would depend on critical fund-raising and the proposed sale of international zinc assets by Vedanta Ltd to Hindustan Zinc
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