Suzlon Energy close to striking deal on FCCB default with bondholders

Jan 08 2014, 13:37 IST
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SummaryWind turbine maker Suzlon Energy is said to be close to striking a deal with its foreign currency convertible bonds (FCCB) holders.

million from sale of assets but it was taking more time that expected due to difficult business environment. The Suzlon stock was up 6.47% on the BSE to R11.69 on Tuesday.

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