CreditSights recommends a ‘buy’ for Vedanta Resources for offshore bonds
Mumbai: CreditSights, an independent research firm owned by Fitch Ratings, has recommended investors buy into the offshore bonds of Vedanta Resources (VRL) – but with a caveat. The bonds are for investors with a high-risk appetite, and that the prices could be very volatile. CreditSights expects VRL to be successful at servicing its debt maturities … Read more