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Suzlon Energy to meet to discuss revising 0% convertibles due 2012
By Devika Patel
Knoxville, Tenn., April 1 - Suzlon Energy Ltd. informed the Bombay Stock Exchange that it will convene a meeting with investors on April 29 to discuss revising certain securities.
Suzlon hopes to reduce its liability under its $300 million in zero-coupon convertible bonds due June 2012 and its $200 million in zero-coupon convertible bonds due October 2012.
The company hopes to exchange the bonds or change their terms.
Pune, India-based Suzlon Energy is a wind power company that manufactures, designs, develops and sells wind turbine generators.
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