Yields On Vedanta Resources Bonds Surge After Moody’s Downgrade
A man waters plants outside the Indian headquarters of Vedanta Resources Plc, which houses the company’s Sterlite Industries (India) Ltd. unit, in Mumbai, India. (Photographer: Adeel Halim/Bloomberg News)

Yields On Vedanta Resources Bonds Surge After Moody’s Downgrade

Debt securities of Vedanta Resources have taken a beating after the group’s credit rating was downgraded by Moody’s Investor Services last week. A sell-off across the high-yield debt markets due to...
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