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Suzlon’s arm issues $647 million worth bonds
April 2, 2013April 2, 2013by In Infrastructure Finance

Suzlon’s arm issues $647 million worth bonds

According to a company press release, the Dutch unit of Suzlon Energy, AE Rotor Holding BV, issued $647 million worth of bonds in order to reduce debt. The company would utilise the fund to repay loans as part of a debt restructuring deal with its creditors. Specifically, the proceeds of the bond sale would be used to refinance existing dollar-denominated foreign curre