Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Suzlon Energy Ltd. > News item |
Suzlon Energy OKs Rs. 50 billion of foreign currency convertibles
By Devika Patel
Knoxville, Tenn., April 4 - Suzlon Energy Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 50 billion of foreign currency convertible bonds due 2016 at a board of directors meeting on April 4.
The Pune, India-based wind power company also is considering issuing American Depositary Receipts or Global Depositary Receipts.
The floor price for converting the bonds will be Rs. 46.05.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.