Lenders OK Suzlon's $1.86B debt-restructuring plan

01/20/2013 | Fox Business

Suzlon Energy has received approval from lenders for its plan to restructure $1.86 billion in debt, but the firm would need to sell shares or assets over the next three years to raise $1 billion, according to a senior executive from the firm. The executive added that the company will be able to raise the amount within the three-year time frame.

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