Latham Advises Vedanta Resources on US$1.4 Billion Bond Offering

India practice leads on high-yield loan to finance delisting of India’s largest mining company.

August 28, 2020

Latham & Watkins advised Vedanta Resources Limited on the US$1.4 billion issuance of 13% Guaranteed Senior Secured Bonds due 2023.

The Joint Global Coordinators for the offering were Barclays Bank PLC, Credit Suisse (Hong Kong) Limited, Deutsche Bank AG, Singapore Branch, J.P. Morgan Securities Plc and Standard Chartered Bank.

The Latham & Watkins team was led by Singapore partner and India Practice Head Rajiv Gupta, with Hong Kong counsel Louis Rabinowitz, Singapore associates Esha Goel and Priyanka Mehta and Beijing associate Baihan Li.

About Vedanta Resources:

Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries.

About Latham’s India Practice:

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practice’s among international law firms. The multi-award winning practice comprises more than 50 lawyers globally, and the team have advised on India-related matters with a combined value in excess of US$65 billion since 2017.

 
 
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