Suzlon Energy had issued the bonds as part of a debt restructuring exercise. (Photographer: Daniel Acker/Bloomberg)

India’s Biggest Convertible Bond Defaulter Misses Payment Again

Jul 16 2019, 11:26 AMJul 17 2019, 12:21 AMJuly 16 2019, 11:26 AMJuly 17 2019, 12:21 AM

(Bloomberg) -- Suzlon Energy Ltd., which became India’s biggest convertible-note defaulter in 2012, said it missed payments on dollar-denominated convertibles due Tuesday.