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Suzlon Convertibles Slump as Rescue Threatened: India Credit

By : Sustainability ..., Mar 7, 2013

The convertible bonds of Suzlon Energy Ltd. (SUEL), the Indian wind-turbine maker that default22222ed last year, are falling from a five-month high as a cash squeeze threatens its efforts to reorganize debt.

The company’s 5 percent equity-linked dollar securities due...

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