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Maintenance engineers work on top of a power generating wind turbine at Suzlon wind farm in Surajbari village

Suzlon seeks more time for FCCB repayment
Suzlon Energy on Friday said it had sought up to 45 days more for the repayment of foreign currency convertible bonds (FCCB), due on June 17. The total repayment, including interest, is around $359 million (Rs 1,967 crore). This is for the FCCBs raised in 2008, with an issue size of $300 million (Rs 1,664 crore). The company said it was in advanced stages of raising up to $300 million from new facilities

Suzlon seeks more time for foreign bond repayment

NEW DELHI (Reuters) - Suzlon Energy is seeking up to 45 more days from bondholders to repay foreign currency bonds maturing in June while it works on raising as much as $300 million in loans, the

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UPDATE 1-India's Suzlon seeks more time for foreign bond repayment
details, exec comment)

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Suzlon seeks more time for foreign bond repayment
REUTERS - Wind turbine maker Suzlon Energy said on Friday it was seeking up to 45 days more for repayment of foreign bonds due in June, as it is working with lenders to raise up to $300

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Suzlon seeks more time for foreign bond repayment

Indian wind turbine maker Suzlon Energy said on Friday it was seeking up to 45 days more for repayment of foreign bonds due in June, as it is working with lenders to raise up to $300 million. "In

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RBI may allow costlier FCCBs for pre-payment

Facing huge redemption pressure on funds raised via foreign currency convertible bonds (FCCBs), India Inc has requested the Reserve Bank of India (RBI) to allow companies to offer higher interest

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