Vedanta bonds tumble alongside stock as Viceroy flags risks
Published on 09/07/2025 05:05 PM
Vedanta bonds tumble alongside stock as Viceroy flags risksAll five of Vedanta Resources’ dollar bonds fell in Wednesday’s (July 9) trade, with the April 2033 note—carrying a 9.85% coupon—slipping 1% to $99.3 cents, marking its biggest loss in nearly a month. The December 2031 bond also posted its steepest drop in almost two months.By Yoosef K July 9, 2025, 5:05:08 PM IST (Published)2 Min ReadDollar bonds issued by Vedanta Resources—the parent of Vedanta Ltd—declined after short-seller Viceroy Research disclosed a short position, calling the group’s structure an “under-appreciated risk to creditors.”Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offersBecome A Member