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(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(13) "Credit Rating"
[1]=>
string(18) "Financial Distress"
[2]=>
string(22) "Financing Arrangements"
[3]=>
string(15) "Deals & Tenders"
[4]=>
string(5) "Debts"
}
}
[1]=>
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"]=>
string(78) "https://images.businessradar.com/articles/12f12b30-5656-408d-a55e-7b430de19e2e"
["source"]=>
string(16) "businesstoday.in"
["publication_date"]=>
string(10) "2024-01-03"
["categories"]=>
array(5) {
[0]=>
string(22) "Business Restructuring"
[1]=>
string(18) "Financial Distress"
[2]=>
string(22) "Financing Arrangements"
[3]=>
string(26) "Product Quality and safety"
[4]=>
string(5) "Debts"
}
}
[2]=>
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"
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[0]=>
string(13) "Credit Rating"
[1]=>
string(18) "Financial Distress"
[2]=>
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[3]=>
string(5) "Debts"
[4]=>
string(25) "Business Model Resilience"
}
}
[3]=>
array(7) {
["title_en"]=>
string(76) "Vedanta Resources outlines terms for bond restructuring - Business Telegraph"
["snippet_en"]=>
string(290) "Vedanta Resources bonds saw some selling by private banks and wealth clients after the restructuring announcement. The bond maturing in January fell 2-3 points to 90/91, said a trader. The management provided detailed insights into its proposed bond restructuring plan, following the recent"
["url"]=>
string(92) "https://www.businesstelegraph.co.uk/vedanta-resources-outlines-terms-for-bond-restructuring/"
["image_url"]=>
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["source"]=>
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["publication_date"]=>
string(10) "2023-12-14"
["categories"]=>
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[0]=>
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[1]=>
string(22) "Business Restructuring"
[2]=>
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[4]=>
array(7) {
["title_en"]=>
string(85) "Vedanta Resources in talks for $500-million loan to meet repayment obligation: Report"
["snippet_en"]=>
string(212) "Vedanta Resources is in talks with Cerberus Capital Management and Varde Partners to secure a $500-million loan as part of its efforts to fulfill a $1-billion repayment obligation due in January, the report said."
["url"]=>
string(153) "https://www.livemint.com/market/stock-market-news/vedanta-resources-in-talks-for-500-million-loan-to-meet-repayment-obligation-report-11698901902936.html"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/4a6381cf-93ff-4152-87c8-932287f0b271"
["source"]=>
string(12) "livemint.com"
["publication_date"]=>
string(10) "2023-11-02"
["categories"]=>
array(2) {
[0]=>
string(22) "Financing Arrangements"
[1]=>
string(19) "Economic Conditions"
}
}
[5]=>
array(7) {
["title_en"]=>
string(50) "Serentica Renewables to raise 5,000 cr debt – EQ"
["snippet_en"]=>
string(124) "In Short : Serentica Renewables, a leading renewable energy company, has announced plans to raise ₹5,000 crores in debt. T"
["url"]=>
string(71) "https://www.eqmagpro.com/serentica-renewables-to-raise-5000-cr-debt-eq/"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/16370514-b7e9-4ac5-a973-e6a9ec5cba01"
["source"]=>
string(12) "eqmagpro.com"
["publication_date"]=>
string(10) "2023-10-19"
["categories"]=>
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[0]=>
string(6) "Energy"
[1]=>
string(18) "General Investment"
[2]=>
string(33) "Materials Sourcing and Efficiency"
[3]=>
string(22) "Financing Arrangements"
[4]=>
string(7) "Renewal"
[5]=>
string(5) "Debts"
[6]=>
string(11) "Acquisition"
[7]=>
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[8]=>
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}
[6]=>
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"]=>
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["source"]=>
string(14) "indiatimes.com"
["publication_date"]=>
string(10) "2023-09-07"
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[7]=>
array(7) {
["title_en"]=>
string(77) "Vedanta Resources in discussion with Standard Chartered Bank for $1.3 bn loan"
["snippet_en"]=>
string(96) "Vedanta Resources is planning to sanction a loan from Standard Chartered Bank worth $1.3 billion"
["url"]=>
string(148) "https://www.livemint.com/companies/news/vedanta-resources-in-discussion-with-standard-chartered-bank-for-1-3-billion-dollar-loan-11693976247990.html"
["image_url"]=>
string(78) "https://images.businessradar.com/articles/b68a8666-de97-40c0-8645-b54d7a1c8af2"
["source"]=>
string(12) "livemint.com"
["publication_date"]=>
string(10) "2023-09-06"
["categories"]=>
array(3) {
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string(22) "Financing Arrangements"
[1]=>
string(9) "Valuation"
[2]=>
string(9) "Sanctions"
}
}
[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"]=>
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["categories"]=>
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[1]=>
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[2]=>
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}
}
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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.
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
Vedanta Resources bonds saw some selling by private banks and wealth clients after the restructuring announcement. The bond maturing in January fell 2-3 points to 90/91, said a trader. The management provided detailed insights into its proposed bond restructuring plan, following the recent
Vedanta Resources is in talks with Cerberus Capital Management and Varde Partners to secure a $500-million loan as part of its efforts to fulfill a $1-billion repayment obligation due in January, the report said.
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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