The
proposal
under
discussion
with
the
company’s
senior
secured
lenders
foresees
a
maturity
period
of
ten
years
under
India’s
CDR
(corporate
debt
restructuring)
mechanism,
including
a
two-year
moratorium
on
principal
and
interest
payments
on
term-debt,
Suzlon
says.
The
company
has
also
suspended
its
previously-given
guidance
for
the
current
financial
year,
becasue
“liquidity
constraints
over
the
first
half
of
the
fiscal
[year],
a
volatile
market
environment
and
the
time-line
of
the
CDR
process
will
continue
to
impact
performance".
Suzlon’s
chief
financial
officer
Kirti
Vagadia
says:
“The
company
has,
in
consultation
with
its
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