Vedanta Resources PLC
25 November 2004
25th November 2004
Vedanta Resources Announces Bond Offering
Vedanta Resources plc ('Vedanta'), the London listed diversified metals and
mining group, announces that it is intending to make a debut US$ bond offering .
The issue is expected to be rated Ba2/BB by Moody's and S&P, and will be
launched and priced, subject to market conditions, following a roadshow
commencing on or around 2nd December.
The joint lead managers and bookrunners for this bond offering are Barclays
Capital and Deutsche Bank with ABN AMRO as a joint lead manager (no books)
The information contained herein is restricted and is not for publication,
distribution or release in or into the United States of America, Canada,
Australia, or Japan. This announcement is not an offer of securities for sale or
a solicitation of an offer to purchase securities in the United States or any
other jurisdiction. The securities referred to herein (the 'Securities') have
not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the 'Securities Act'), and may not be offered or sold in the United
States (as defined in Regulation S under the Securities Act) absent registration
under the Securities Act or an applicable exemption from such registration.
There will be no public offering of the Securities in the United States.
Stabilisation / FSA
For further information, please contact:
Peter Sydney-Smith, Finance Director Tel: +44 20 7499 5900
John Smelt, Head of Investor Relations +44 787 964 2675
Vedanta Resources plc
James Murgatroyd Tel: +44 20 7251 3801
Notes to Editors
Vedanta is a London listed diversified metals and mining group. Our principal
operations are located throughout India, with further operations in Zambia and
Australia. The major metals produced are aluminium, copper, zinc and lead.
This information is provided by RNS
The company news service from the London Stock Exchange