*📢 Vedanta to Raise ₹5,000 Cr via Private Placement of NCDs* Vedanta Ltd., the Mumbai-listed metals conglomerate, plans to raise up to ₹5,000 crore through private placement of unsecured Non-Convertible Debentures (NCDs). The funds will be used for repayment/prepayment of debt and to meet capital expenditure (capex) needs. 💼 Issue Structure (in 3 Series): 🔹 Series I • Amount: ₹2,250 Cr + ₹750 Cr (green shoe) • Maturity: Dec 3, 2027 (2.5 years) • Coupon: 9.35% 🔹 Series II • Amount: ₹1,000 Cr + ₹750 Cr (green shoe) • Maturity: June 5, 2028 (3 years) • Coupon: 9.45% 🔹 Series III • Amount: ₹850 Cr (no green shoe) • Maturity: June 4, 2027 (2.5 years) • Coupon: 9.35% 🏦 Anchor Investors Include: ICICI Prudential MF, Aditya Birla Sun Life MF, Kotak MF, Axis MF, Reliance General Insurance, Aseem Infra Finance, Alpha Alternatives, and others. 📝 Key Highlights: • Total fundraise capped at ₹5,000 crore • Attractive coupon rates vs. govt. bonds • Issue opens and closes on June 4, 2025 • Coupon adjustments linked to credit rating changes #vedanta #ncd #debtfunding #corporatefinance #investments #mutualfunds #capex #debtrepayment