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Suzlon may default on redemption of foreign currency convertible bonds, says report

Updated : July 16, 2019 09:26 AM IST

The firm has told bondholders to wait until lenders approve its proposed one-time settlement plan, the report said.
Global wind turbine maker Vestas Wind Systems' offer to acquire Suzlon Energy had expired last month.
Suzlon may default on redemption of foreign currency convertible bonds, says report

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