Debt Investors Overview

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Introduction

Vedanta Resources plc (“Vedanta” or the “Group”) is a LSE-listed diversified natural resources major, with interests in zinc, lead, silver, copper, aluminium, iron ore, commercial power and oil & gas.

Vedanta Resources Plc has listed and unlisted operating subsidiaries across India, Africa, Europe and Australia.

Below are the current outstanding bonds:

Issuer

  ISIN

Maturity Date

Coupon

Outstanding amount (US$m)

Vedanta Resources plc
RegS: USG9328DAD24
144A: US92241TAD46
Issue: Jul'08
Jul'18 9.50% 750
Vedanta Resources plc
RegS: USG9328DAH38
144A: US92241TAH59
Issue: May'13
Jan'19 6.0% 1,200
Vedanta Resources plc
RegS: USG9328DAG54
144A: US92241TAG76
Issue: Jun'11
Jun'21 8.25% 900

Vedanta Resources plc

RegS: USG9321DAJ93
144A: US92241TAJ16
Issue: May'13
May'23 7.125% 500

Convertibles:

Vedanta Resources Jersey ll Limited *

   XS0493253396

   Issue: Mar'10

Mar'17

4.0%

8

For the half year ended 30 September 2016, the Vedanta Group generated Revenues of US$4.9 billion, EBITDA of US$1.2 billion and Free Cash Flow (before expansion capital expenditure) of US$0.5 billion and $0.2 billion post expansion capex.

Credit Ratings

Vedanta is rated by the two major rating agencies, S&P and Moody’s:

Agency

Current Issuer Rating/(Previous)

Current Issue Rating / (Previous)

Current Outlook / (Previous)

S&P

B (B)

B (B)

Positive (Stable)

Moody's

B1 (B2)

B3 (Caa1)

Stable (Stable)

Moody's and S&P rating was updated in September 2016

Circulars of past bond offerings are available as a pdf download on the Circulars and Prospectus page

Click here to download a Credit Summary (PDF) that provides a summary of key information for debt investors.

In case you have any further queries, please email us at ir@vedanta.co.in

Share Price

  • Last Close

    849.50
  • Mid Price

    837.86
  • Day's Change (p)

    -11.64
  • Day's Change (%)

    -1.37
  • 15 minute delayed share price from London Stock Exchange.

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