Wed 05/17/2023 05:29 AM
UPDATE 1: 5:29 a.m. ET 5/17/2023:Vedanta Resources Ltd., or VRL, is negotiating with JPMorgan, Oaktree Capital Management and Standard Chartered Bank about raising a roughly $800 million loan at THL Zinc Ventures Ltd., a wholly owned offshore subsidiary of VRL’s Indian listco Vedanta Ltd., or VDL, at an all-in pricing of close to 12%, one source close and two sources familiar with the development said.
Although the company has held detailed discussions with Farallon Capital Management for a...
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