General Announcement::US$ 546,916,000 Step-Up convertible bonds due July 2019

Issuer & Securities

Issuer/ Manager
SUZLON ENERGY LIMITED
Securities
SUZLOUS$546.916M3.25%CB190716A - XS1081332873 - 12VB
SUZLOUS$546.916M3.25%CB190716R - XS1081332527 - 12WB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
16-Jul-2019 18:23:14
Status
New
Announcement Sub Title
US$ 546,916,000 Step-Up convertible bonds due July 2019
Announcement Reference
SG190716OTHRUCWN
Submitted By (Co./ Ind. Name)
Suzlon Energy Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This is to inform you that the Company has not made the payment of the principal amount of the outstanding Bonds, being US$ 172,000,000, which was due on 16 July 2019 in accordance with the terms and conditions of the Bonds. The Company is working on holistic solution for its debt and continues to be in discussions with various stakeholders in relation to its outstanding debt (including the Bonds).

Attachments

Suzlon_16-07-19_SGX.pdf
Total size =236K