In an interview with CNBC-TV18, Suzanne Smith, Managing Director, Asia-Pacific Head and Analytical Manager for Commodities Ratings at S&P said the global economy and equity markets are soft at present, making it even more difficult for the companies to redeem these bonds.
With the merger of Sesa Goa and Sterlite, it does benefit Vedanta's debt reduction amd overall improvement in the corporate structure too says Suzanne Smith, Metals & Mining Analyst at Standard & Poor. But she does not believe that it will affect the rating of the company.