China’s Mega Restructure; Trouble in India
The Credit Edge by Bloomberg Intelligence
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Is Vedanta a High Yield Company?
Vedanta has had a triple C rating before and has pulled out of it. S&P did confirm that in their view, they could probably fund the debt repayments through these dividend upstreams or other fees. So even if S&P does change its outlook or its rating on the company, it still has some time to play with before there would be a danger of a default.
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