Bond Vedanta Holdings 6.375% ( USG9328DAM23 ) in USD

Issuer Vedanta Holdings
Market price 100 %  ▲ 
Country  India
ISIN code  USG9328DAM23 ( in USD )
Interest rate 6.375% per year ( payment 2 times a year)
Maturity 30/07/2022 - Bond has expired



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Minimal amount 200 000 USD
Total amount 1 000 000 000 USD
Cusip G9328DAM2
Standard & Poor's ( S&P ) rating B- ( Highly speculative )
Moody's rating N/A
Detailed description Vedanta Resources is a global diversified natural resources company with interests in zinc, lead, copper, iron ore, aluminum, silver, and oil & gas, primarily operating in India and Africa.

An analysis of the Vedanta Resources bond, identified by ISIN USG9328DAM23 and CUSIP G9328DAM2, provides insight into a recently matured debt instrument issued by this globally diversified natural resources company, primarily operating in India across segments including minerals, oil and gas, and power generation. This specific bond, denominated in USD, carried a fixed annual interest rate of 6.375%, with interest payments scheduled on a semi-annual basis. The total issuance size for this debt instrument amounted to $1,000,000,000, with a minimum purchase threshold set at $200,000, catering primarily to institutional investors. Notably, the bond reached its maturity date on July 30, 2022, and has since been fully redeemed and repaid, concluding its lifecycle in the fixed income market, evidenced by its 100% market price at maturity. Prior to its maturity, the bond held a B- credit rating from Standard & Poor's (S&P), reflecting the agency's assessment of the issuer's creditworthiness and the bond's risk profile at that juncture.