VEDANTA Resources is scheduled to hold discussions with investors today regarding a potential dollar bond issuance designed to refinance expensive private debt, said Bloomberg News citing sources familiar with the plans. Proceeds from the offering will be combined with existing bank facilities to repay private debt, the newswire said. Vedanta is particularly keen to refinance private debt carrying an 18% interest rate secured in 2023. If completed, this would mark the company’s second dollar bond sale this year, following an issuance in January, said Bloomberg News. Moody’s analysts, including Nidhi Dhruv, said Vedanta’s cash resources should adequately cover interest and debt servicing requirements through September 2026.