S&P raises Vedanta Sources’ ranking to “B+” on easing refinancing dangers
The ranking company bumped up the mum or dad of Indian miner Vedanta to “B+” from “B” with a steady outlook and eliminated it from credit score watch.
An additional improve will depend upon sustainable money circulation and dividend era on the group stage, the rankings company stated.
“We think about the refinancing of $600 million 2026 bonds as a digital certainty… Refinancing of the 2026 bonds will considerably scale back liquidity stress and decrease refinancing threat,” S&P International Rankings stated in a press release.
Vedanta Sources has seen its ranking being upgraded in current months after searching for to decrease its debt and enhance its capital construction.
-
Inventory Buying and selling
Maximise Returns by Investing within the Proper Firms
-
Inventory Buying and selling
Market 104: Choices Buying and selling: Kickstart Your F&O Journey
-
Inventory Buying and selling
Technical Evaluation for Everybody – Technical Evaluation Course
-
Inventory Buying and selling
Inventory Markets Made Straightforward
-
Inventory Buying and selling
Renko Chart Patterns Made Straightforward
-
Inventory Buying and selling
Market 101: An Perception into Trendlines and Momentum
-
Inventory Buying and selling
Markets 102: Mastering Sentiment Indicators for Swing and Positional Buying and selling
-
Inventory Buying and selling
Dow Principle Made Straightforward
-
Inventory Buying and selling
Market 103: Mastering Traits with RMI and Techno-Funda Insights
-
Inventory Buying and selling
ROC Made Straightforward: Grasp Course for ROC Inventory Indicator
-
Inventory Buying and selling
Heikin Ashi Buying and selling Techniques: Grasp the Artwork of Buying and selling
-
Inventory Buying and selling
RSI Made Straightforward: RSI Buying and selling Course
-
Inventory Buying and selling
Introduction to Technical Evaluation & Candlestick Principle
In January, Moody’s upgraded the corporate, flagging softening liquidity and refinancing dangers. S&P had upgraded Vedanta Sources thrice in 2024, with the most recent increase to “B” from “B-” in December.
