array(3) {
["company_details"]=>
array(13) {
["name"]=>
string(25) "CONCORD RESOURCES LIMITED"
["slug"]=>
string(34) "b9d0e-gb-concord-resources-limited"
["logo"]=>
NULL
["description"]=>
string(923) "We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations.
Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all.
"
["address_street"]=>
string(20) "3 St. James's Square"
["address_place"]=>
string(6) "LONDON"
["address_region"]=>
NULL
["founding_date"]=>
string(10) "2015-09-22"
["website_domain"]=>
NULL
["website_url"]=>
NULL
["industry_codes"]=>
array(3) {
[0]=>
string(50) "Miscellaneous Metal Ores, Not Elsewhere Classified"
[1]=>
string(48) "Miscellaneous Nonmetallic Minerals, Except Fuels"
[2]=>
string(42) "Nondurable Goods, Not Elsewhere Classified"
}
["employee_count"]=>
int(51)
["article_count"]=>
int(491)
}
["articles"]=>
array(9) {
[0]=>
array(7) {
["title_en"]=>
string(94) "Neocolonial debt, extractivism, and the roots of Zambia’s economic crisis : Peoples Dispatch"
["snippet_en"]=>
string(122) "Two of Zambia’s key copper mines have returned to foreign private control, as the country is facing a major debt crisis."
["url"]=>
string(110) "https://peoplesdispatch.org/2024/01/19/neocolonial-debt-extractivism-and-the-roots-of-zambias-economic-crisis/"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/d12b9391-0039-4ab3-9c94-114badfa1d1b"
["source"]=>
string(19) "peoplesdispatch.org"
["publication_date"]=>
string(10) "2024-01-19"
["categories"]=>
array(7) {
[0]=>
string(24) "Systemic Risk Management"
[1]=>
string(18) "Expansion & Growth"
[2]=>
string(11) "Acquisition"
[3]=>
string(18) "Financial Distress"
[4]=>
string(19) "Economic Conditions"
[5]=>
string(5) "Debts"
[6]=>
string(6) "Crisis"
}
}
[1]=>
array(7) {
["title_en"]=>
string(76) "S&P downgrades Vedanta Resources to 'selective default' after debt extension"
["snippet_en"]=>
string(201) "S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to selective default after the mining conglomerate concluded a deal with creditors to extend the maturities of its three dollar bonds."
["url"]=>
string(118) "https://www.zeebiz.com/companies/news-sp-downgrades-vedanta-resources-to-selective-default-after-debt-extension-272028"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/834056a5-1c68-4c78-8902-17acc175e07b"
["source"]=>
string(10) "zeebiz.com"
["publication_date"]=>
string(10) "2024-01-12"
["categories"]=>
array(5) {
[0]=>
string(15) "Deals & Tenders"
[1]=>
string(22) "Financing Arrangements"
[2]=>
string(18) "Financial Distress"
[3]=>
string(5) "Debts"
[4]=>
string(13) "Credit Rating"
}
}
[2]=>
array(7) {
["title_en"]=>
string(82) "Moody’s downgrades Vedanta after debt restructuring gets creditors’ acceptance"
["snippet_en"]=>
string(162) "NEW DELHI: A week after Vedanta creditors overwhelmingly voted in favour of its debt restructuring plans, Moody’s Investors Service downgraded the corporate fam"
["url"]=>
string(143) "https://www.newindianexpress.com/business/2024/Jan/10/moodys-downgrades-vedanta-after-debt-restructuring-gets-creditors-acceptance-2649641.html"
["image_url"]=>
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["source"]=>
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["publication_date"]=>
string(10) "2024-01-10"
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[0]=>
string(18) "Financial Distress"
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}
}
[3]=>
array(7) {
["title_en"]=>
string(84) "Vedanta Resources' bondholders back debt restructuring plan for four series of bonds"
["snippet_en"]=>
string(151) "The company had last year proposed a restructuring of four series of bonds maturing in 2024, 2025, and 2026 to alleviate its substantial debt liability"
["url"]=>
string(153) "https://www.businesstoday.in/latest/corporate/story/vedanta-resources-bondholders-back-debt-restructuring-plan-for-four-series-of-bonds-411760-2024-01-03"
["image_url"]=>
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["publication_date"]=>
string(10) "2024-01-03"
["categories"]=>
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[0]=>
string(22) "Financing Arrangements"
[1]=>
string(22) "Business Restructuring"
[2]=>
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[3]=>
string(26) "Product Quality and safety"
[4]=>
string(5) "Debts"
}
}
[4]=>
array(7) {
["title_en"]=>
string(68) "Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating"
["snippet_en"]=>
string(299) "New Delhi, Dec 14( PTI) Vedanta Resources Ltd( VRL), the UK-headquartered parent company of Vedanta group, said it has secured a USD 1.25 billion loan from private credit lenders to refinance/repay part of the USD 3.2 billion debt maturing in 2024 and 2025, but this did not prevent S& P Global from"
["url"]=>
string(120) "https://www.deccanherald.com/business/companies/vedanta-secures-125-bn-for-debt-refinancing-sp-downgrades-rating-2810968"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/be5658d7-9b86-4525-bc47-baa8adcece34"
["source"]=>
string(16) "deccanherald.com"
["publication_date"]=>
string(10) "2023-12-14"
["categories"]=>
array(5) {
[0]=>
string(22) "Financing Arrangements"
[1]=>
string(25) "Business Model Resilience"
[2]=>
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[4]=>
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}
[5]=>
array(7) {
["title_en"]=>
string(75) "Vedanta Resources to raise $1.25 bn through foreign investors at high rates"
["snippet_en"]=>
string(165) "While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January"
["url"]=>
string(143) "https://www.business-standard.com/companies/news/vedanta-resources-to-raise-1-25-bn-through-foreign-investors-at-high-rates-123120800192_1.html"
["image_url"]=>
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["source"]=>
string(21) "business-standard.com"
["publication_date"]=>
string(10) "2023-12-08"
["categories"]=>
array(5) {
[0]=>
string(19) "Foreign Development"
[1]=>
string(18) "Financial Distress"
[2]=>
string(19) "Economic Conditions"
[3]=>
string(5) "Debts"
[4]=>
string(9) "Investors"
}
}
[6]=>
array(7) {
["title_en"]=>
string(56) "Vedanta plunges into Rs 1,783cr loss in July-Sep quarter"
["snippet_en"]=>
string(241) "Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday."
["url"]=>
string(46) "https://www.newkerala.com/news/2023/117030.htm"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/5c561d65-842e-4fb9-b402-42de8eb4ce1f"
["source"]=>
string(13) "newkerala.com"
["publication_date"]=>
string(10) "2023-11-05"
["categories"]=>
array(3) {
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string(18) "Financial Distress"
[1]=>
string(24) "Quarterly/Annual Figures"
[2]=>
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}
[7]=>
array(7) {
["title_en"]=>
string(64) "Vedanta plans to meet investors as it faces $2 billion debt bill"
["snippet_en"]=>
string(278) "Vedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of notes due next year. The junk-rated Indian miner's bonds are currently trading below 75 cents on the dollar, indicating financial distress."
["url"]=>
string(164) "https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-plans-to-meet-investors-as-it-faces-2-billion-debt-bill/articleshow/103461904.cms"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/afe57551-7d5f-4070-9985-adebf17b24fd"
["source"]=>
string(14) "indiatimes.com"
["publication_date"]=>
string(10) "2023-09-07"
["categories"]=>
array(4) {
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string(18) "Financial Distress"
[1]=>
string(19) "Economic Conditions"
[2]=>
string(25) "Business Model Resilience"
[3]=>
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}
}
[8]=>
array(7) {
["title_en"]=>
string(77) "Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan"
["snippet_en"]=>
string(257) "The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regarding lending rates are currently in progress and the loan could be priced around 14-15% with a duration of three years."
["url"]=>
string(177) "https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-resources-in-talks-with-standard-chartered-bank-for-1-3-billion-loan/articleshow/103405843.cms"
["image_url"]=>
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["publication_date"]=>
string(10) "2023-09-06"
["categories"]=>
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[1]=>
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string(14) "Government Aid"
}
}
}
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}
b9d0e-gb-concord-resources-limited
CONCORD RESOURCES LIMITED
CONCORD RESOURCES LIMITED
Location
Founded
2015-09-22
Website
Articles
491 Articles
Category
Miscellaneous Metal Ores, Not Elsewhere Classified
Miscellaneous Nonmetallic Minerals, Except Fuels
Nondurable Goods, Not Elsewhere Classified
Description
We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations.
Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all.
S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to selective default after the mining conglomerate concluded a deal with creditors to extend the maturities of its three dollar bonds.
NEW DELHI: A week after Vedanta creditors overwhelmingly voted in favour of its debt restructuring plans, Moody’s Investors Service downgraded the corporate fam
The company had last year proposed a restructuring of four series of bonds maturing in 2024, 2025, and 2026 to alleviate its substantial debt liability
New Delhi, Dec 14( PTI) Vedanta Resources Ltd( VRL), the UK-headquartered parent company of Vedanta group, said it has secured a USD 1.25 billion loan from private credit lenders to refinance/repay part of the USD 3.2 billion debt maturing in 2024 and 2025, but this did not prevent S& P Global from
While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January
Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday.
Vedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of notes due next year. The junk-rated Indian miner's bonds are currently trading below 75 cents on the dollar, indicating financial distress.
The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regarding lending rates are currently in progress and the loan could be priced around 14-15% with a duration of three years.
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