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20.11.2013 03:33:00

Vedanta Resources Plc -- Moody's: Vedanta's First Half Attributable Loss Belies Improvements to the Underlying Business

Singapore, November 20, 2013 -- Moody's Investors Service says that Vedanta Resources Plc (Vedanta, Ba1 negative) first half attributable loss belies improvements to the underlying business, noting that some of the concerns behind the negative outlook, assigned on 16 May 2013, have been addressed. Over the six months ended 30 September, Vedanta has simplified its group structure and lengthened its debt maturity profile.

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