Vedanta Seeks to Identify Bondholders as $2B Debt Looms

Vedanta is identifying its bond holders to better understand its debt structure and facilitate meetings. This move comes amid refinancing concerns and a significant debt repayment due next year. The market is reacting negatively, with some bonds trading at distressed levels. Bloomberg Intelligence suggests potential bond restructuring, though details are unclear. Vedanta assures it will repay its debt on time, viewing refinancing as a normal business process.

What does Bloomberg Intelligence suggest about the appointment related to bond restructuring?

What assurance did the tycoon provide regarding Vedanta's debt repayment?