05.04.2016 13:29:00

Vedanta Resources plc -- Moody's: Vedanta Resources plc's announced buybacks are opportunistic and are not distressed exchanges

Singapore, April 05, 2016 -- Global diversified metals and mining company Vedanta Resources plc's (B2 negative) announcement of the initiation of partial buybacks of its convertible bond maturing July 2016 and senior unsecured bond maturing June 2016 do not represent distressed exchanges, Moody's Investors Service said today.

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