Business Standard

Suzlon eyes $300 mn loans by month-end

The money would be used to repay $360 mn of foreign currency convertible bonds due by July 27

Reuters  |  Mumbai 

  • ALSO READ

    Suzlon Energy gains on sale of its Chinese arm Suzlon Group sells China arm for Rs 340 cr Suzlon sells China arm for Rs 340 cr Fitch revises outlook on Indian FIs to negative Crisis, what crisis?

, the world's fifth largest wind turbine maker, expects to tie up $300 million loans from banks by the end of June, a senior company official said on Monday.

Kirti Vagadia, head of corporate finance, said the money would be used to repay $360 million of convertible bonds due by July 27.

 

RECOMMENDED FOR YOU

Suzlon eyes $300 mn loans by month-end

The money would be used to repay $360 mn of foreign currency convertible bonds due by July 27

Suzlon Energy , the world's fifth largest wind turbine maker, expects to tie up $300 million loans from banks by the end of June, a senior company official said on Monday.

, the world's fifth largest wind turbine maker, expects to tie up $300 million loans from banks by the end of June, a senior company official said on Monday.

Kirti Vagadia, head of corporate finance, said the money would be used to repay $360 million of convertible bonds due by July 27.

 

image
Advertisement