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" ["categories"]=> array(5) { [0]=> string(13) "Credit Rating" [1]=> string(18) "Financial Distress" [2]=> string(22) "Financing Arrangements" [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"]=> string(78) "https://images.businessradar.com/articles/524231cf-0a58-4b7a-b5f7-c7d4fa3aa055" ["source"]=> string(23) "businesstelegraph.co.uk" ["publication_date"]=> string(10) "2023-12-14" ["categories"]=> array(3) { [0]=> string(22) "Financing Arrangements" [1]=> string(22) "Business Restructuring" [2]=> string(25) "Business Model Resilience" } } [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"]=> array(10) { [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]=> string(19) "Green & Responsible" [8]=> string(17) "Energy Management" [9]=> string(25) "Business Model Resilience" } } [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"]=> 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) { [0]=> string(22) "Financing Arrangements" [1]=> string(19) "Economic Conditions" [2]=> string(18) "Financial Distress" [3]=> string(25) "Business Model Resilience" } } [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) { [0]=> 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"]=> string(78) "https://images.businessradar.com/articles/58ddf693-5118-4a34-99bf-c052e630ec73" ["source"]=> string(14) "indiatimes.com" ["publication_date"]=> string(10) "2023-09-06" ["categories"]=> array(3) { [0]=> string(22) "Financing Arrangements" [1]=> string(14) "Government Aid" [2]=> string(18) "Financial Distress" } } } ["category_annotations"]=> array(30) { [0]=> array(2) { ["name"]=> string(5) "Debts" ["count"]=> int(87) } [1]=> array(2) { ["name"]=> string(12) "Stock Market" ["count"]=> int(41) } [2]=> array(2) { ["name"]=> string(18) "General Investment" ["count"]=> int(34) } [3]=> array(2) { ["name"]=> string(5) "Legal" ["count"]=> int(21) } [4]=> array(2) { ["name"]=> string(11) "Acquisition" ["count"]=> int(19) } [5]=> array(2) { ["name"]=> string(24) "Quarterly/Annual Figures" ["count"]=> int(17) } [6]=> array(2) { ["name"]=> string(13) "Credit Rating" ["count"]=> int(16) } [7]=> array(2) { ["name"]=> string(19) "Investment Requests" ["count"]=> int(15) } [8]=> array(2) { ["name"]=> string(12) "Board Change" ["count"]=> int(14) } [9]=> array(2) { ["name"]=> string(19) "Government Policies" ["count"]=> int(14) } [10]=> array(2) { ["name"]=> string(22) "Financing Arrangements" ["count"]=> int(13) } [11]=> array(2) { ["name"]=> string(10) "Divestment" ["count"]=> int(13) } [12]=> array(2) { ["name"]=> string(31) "Financial Update/Profit Warning" ["count"]=> int(11) } [13]=> array(2) { ["name"]=> string(18) "Financial Distress" ["count"]=> int(11) } [14]=> array(2) { ["name"]=> string(17) "Energy Management" ["count"]=> int(11) } [15]=> array(2) { ["name"]=> string(18) "Expansion & Growth" ["count"]=> int(10) } [16]=> array(2) { ["name"]=> string(12) "Staff hiring" ["count"]=> int(9) } [17]=> array(2) { ["name"]=> string(25) "Business Model Resilience" ["count"]=> int(9) } [18]=> array(2) { ["name"]=> string(24) "Government Interventions" ["count"]=> int(8) } [19]=> array(2) { ["name"]=> string(19) "Green & Responsible" ["count"]=> int(8) } [20]=> array(2) { ["name"]=> string(13) "Collaboration" ["count"]=> int(8) } [21]=> array(2) { ["name"]=> string(24) "Stock Research & Ratings" ["count"]=> int(7) } [22]=> array(2) { ["name"]=> string(9) "Valuation" ["count"]=> int(6) } [23]=> array(2) { ["name"]=> string(6) "Merger" ["count"]=> int(6) } [24]=> array(2) { ["name"]=> string(19) "Economic Conditions" ["count"]=> int(6) } [25]=> array(2) { ["name"]=> string(21) "Government Connection" ["count"]=> int(6) } [26]=> array(2) { ["name"]=> string(24) "Systemic Risk Management" ["count"]=> int(6) } [27]=> array(2) { ["name"]=> string(20) "Corporate Governance" ["count"]=> int(6) } [28]=> array(2) { ["name"]=> string(17) "Seizure of Assets" ["count"]=> int(5) } [29]=> array(2) { ["name"]=> string(9) "Investors" ["count"]=> int(5) } } } b9d0e-gb-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.

Articles

S&P downgrades Vedanta Resources to 'selective default' after debt extension

2024-01-12 (zeebiz.com)

S&P downgrades Vedanta Resources to 'selective default' after debt extension

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.

Read more
Vedanta Resources' bondholders back debt restructuring plan for four series of bonds

2024-01-03 (businesstoday.in)

Vedanta Resources' bondholders back debt restructuring plan for four series of 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

Read more
Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating

2023-12-14 (deccanherald.com)

Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating

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

Read more
Vedanta Resources outlines terms for bond restructuring - Business Telegraph

2023-12-14 (businesstelegraph.co.uk)

Vedanta Resources outlines terms for bond restructuring - Business Telegraph

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

Read more
Vedanta Resources in talks for $500-million loan to meet repayment obligation: Report

2023-11-02 (livemint.com)

Vedanta Resources in talks for $500-million loan to meet repayment obligation: Report

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.

Read more
Serentica Renewables to raise 5,000 cr debt – EQ

2023-10-19 (eqmagpro.com)

Serentica Renewables to raise 5,000 cr debt – EQ

In Short : Serentica Renewables, a leading renewable energy company, has announced plans to raise ₹5,000 crores in debt. T

Read more
Vedanta plans to meet investors as it faces $2 billion debt bill

2023-09-07 (indiatimes.com)

Vedanta plans to meet investors as it faces $2 billion debt bill

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.

Read more
Vedanta Resources in discussion with Standard Chartered Bank for $1.3 bn loan

2023-09-06 (livemint.com)

Vedanta Resources in discussion with Standard Chartered Bank for $1.3 bn loan

Vedanta Resources is planning to sanction a loan from Standard Chartered Bank worth $1.3 billion

Read more
Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

2023-09-06 (indiatimes.com)

Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

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.

Read more

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