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Wind turbine giant Suzlon received something of a shock when holders of $221m in foreign-currency convertible bonds (FCCBs) due to expire this month refused to grant a two-month extension.

Green Street: The stakes are high, but Suzlon still holds the cards in stand-off with bondholders

Wind turbine giant Suzlon received something of a shock when holders of $221m in foreign-currency convertible bonds (FCCBs) due to expire this month refused to grant a two-month extension.

Wind turbine giant Suzlon received something of a shock when holders of $221m in foreign-currency convertible bonds (FCCBs) due to expire this month refused to grant a two-month extension.