InvestorQ : Why is Suzlon issuing NCDs and how is its debt restructuring likely to work?
prachi Patwardhan made post

Why is Suzlon issuing NCDs and how is its debt restructuring likely to work?

Answer
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sara Kunju answered.
1 month ago


Suzlon approved the issue of NCDs worth Rs.4453 crore as part of its debt restructuring plan. These debentures will be issued on a private placement basis to Suzlon Global Services. This is part of the overall group restructuring of debt.