UK’s Vedanta Resources cuts gross debt by $1 billion
Vedanta Resources has paid all its maturing loans and bonds due in April 2023, the billionaire Anil Agarwal-led company said in a statement.Vedanta’s gross debt stood at $6.8 billion as of Monday, down from $7.8 billion at the end of March, the company said, adding that the London-based firm had completed 75% of its debt reduction commitment
