Suzlon Scraps $1.2 Billion Debt Repayment Offer as Vestas Backs Out
Wind turbines and electricity pylons stand at the Suzlon Energy Ltd. Nani Sindhodi wind farm in Kutch, India. (Photographer: Dhiraj Singh/Bloomberg)

Suzlon Scraps $1.2 Billion Debt Repayment Offer as Vestas Backs Out

Bookmark
(Bloomberg) -- Suzlon Energy Ltd. withdrew an offer to repay about 85 billion rupees ($1.2 billion) to lenders after Vestas Wind Systems A/C, which was backing the proposal, pulled out of the debt-...