The
bonds
will
now
mature
on
27th
July,
with
the
option
for
the
company
to
bring
forward
the
payment
to
a
nearer
date,
by
providing
five
days
notice
to
bondholders.
Suzlon
announced
the
request
for
an
extension
on
18
May.
It
says
it
is
currently
in
an
“advanced
stage”
of
raising
up
to
$300m
of
new
financing
facilities
from
its
existing
group
of
bank
lenders.
Suzlon’s
chief
financial
officer
Kirti
Vagadia
says
that
resolutions
in
meetings
to
approve
the
extension
were
approved
by
significant
majorities
of
bond
holders,
with
100%
of
those…
