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: partners Kyungwon Lee (Hong Kong-Capital Markets) and Mei Lian (London-European Finance); 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), Leona McManus (London-European Finance) and Eileen O’Pray (Menlo Park-Tax).

Shearman & Sterling also represented Citicorp International Limited, the trustee, and certain of its affiliates as paying agent, conversion and transfer agent and registrar, in the transaction. The following Shearman & Sterling team advised the trustee in the transaction: partner Julian Tucker (London-Finance) and associate Eric Ho (London-Finance).