GOL Offshore may sell assets to repay loans
Media reports indicate that GOL Offshore may use its unencumbered assets to raise funds for repaying the FCCB, which was due for redemption in October. While the company was to repay the bond holders in October 2012, it sought extension of the repayment period till April, which the bondholders rejected
Suzlon plans to raise up to Rs 5k cr
Suzlon Energy has plans to raise Rs 5,000 crore from the secondary market and increase its borrowing limit to Rs 10,000 crore from the present Rs 7,000 crore.
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