{"id":282873,"date":"2019-07-17T07:30:25","date_gmt":"2019-07-17T07:30:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282873"},"modified":"2019-07-17T07:30:25","modified_gmt":"2019-07-17T07:30:25","slug":"suzlon-energy-falls-after-company-defaults-on-bond-payment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-energy-falls-after-company-defaults-on-bond-payment\/","title":{"rendered":"Suzlon Energy falls after company defaults on bond payment"},"content":{"rendered":"<p>Shares of Suzlon Energy Limited fell as much as 8.6 per cent to Rs 4.35, marking their biggest intraday percentage loss since June 28.<\/p>\n<p>The debt-laden wind power equipment maker defaulted on a $172 million bond payment on Tuesday. Sources said that the company was in talks with several global private equity funds to sell a majority stake.<\/p>\n<p>Earlier, it was reported that Canadian company Brookfield Asset Management Inc planned an offer for a majority stake in Suzlon and was talking to the firm&#8217;s creditors to restructure its outstanding bank loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Suzlon Energy Limited fell as much as 8.6 per cent to Rs 4.35, marking their biggest intraday percentage loss since June 28. The debt-laden wind power equipment maker defaulted on a $172 million bond payment on Tuesday. Sources said that the company was in talks with several global private equity funds to sell a majority stake. Earlier, it was reported that Canadian company Brookfield Asset Management Inc planned an offer for a majority stake in Suzlon and was talking to the firm&#8217;s creditors to restructure its outstanding bank loans.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-282873","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282873"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282873\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}