Khaitan & Co. acted as the sole Indian legal adviser to Vedanta Resources Finance II Plc (Issuer) and Limited (Guarantor) in relation to the dual-tranche high yield senior un-secured USD Vedanta Resources bond offering priced at: (i) 8 % fixed rate bonds due 2023 aggregating to USD 400 million (4 years tenor) and (ii) 9.25 % fixed rate bonds due 2026 aggregating to USD 600 million bonds (7 years tenor) (together the “Bonds”) under the Regulation S and Reg 144A of the Securities Act of 1993 in the international bond market. The Guarantor is the holding company of Vedanta Limited and the Issuer. Credit Suisse (Hong Kong) Limited, J.P. Morgan Securities plc, and Standard Chartered Bank were the Joint Global Coordinators, Joint Lead Managers and Joint Book runners for the Bonds. The Bond proceeds will be used by the Issuer to on-lend to the Guarantor primarily to repay existing indebtedness of the Guarantor and any remaining proceeds will be used for working capital requirements including meeting interest liabilities and for supporting subsidiaries of the Guarantor.

The team involved Manisha Shroff (Partner), Oishik Bagchi (Principal Associate), Rolwine Alva (Principal Associate), Meenakshi Kurpad (Associate), Enakshi Jha (Associate), Raghav Bhatia (Associate) and Sharvarie Sohoni (Associate). Role of the firm involved as legal advisers to the Issuer and the Guarantor as to Indian Law.