By offering non-convertible financial securities through its wholly-owned subsidiary Suzlon Global Services, Suzlon Energy intends to raise over 2,000 crores and is in discussions with JP Morgan for the purpose. The proceeds from the fundraiser were used to pay down $35,931,200 in foreign currency convertible bonds (FCCBs) that were scheduled to mature in 2032.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
