Shearman & Sterling Advises on Vedanta Resources’ $1.65 Billion Bond Offering

Shearman & Sterling represented Barclays Capital, Citi, Credit Suisse, The Royal Bank of Scotland, Standard Chartered Bank, Goldman Sachs International, J.P. Morgan and Morgan Stanley, the initial purchasers, in connection with Vedanta Resources’ offering of $1.65 billion in aggregate principal amount of 6.75% bonds due 2016 and 8.25% bonds due 2021.

Vedanta Resources plc is a LSE-listed diversified FTSE 100 metals and mining company, and India’s largest non-ferrous metals and mining company based on revenues.
The following Shearman & Sterling team advised the initial purchasers, in the transaction: partner Kyungwon Lee (Hong Kong-Capital Markets); counsel Hae-Ran Song (Hong Kong-Capital Markets); associates Mark Tan (Singapore-Capital Markets), Minsoo Kwon (Hong Kong-Capital Markets), Jeremy Wang (Singapore-Capital Markets) and Eileen O’Pray (Menlo Park-Tax).