{"id":286897,"date":"2019-08-09T06:11:03","date_gmt":"2019-08-09T06:11:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286897"},"modified":"2019-08-09T06:11:03","modified_gmt":"2019-08-09T06:11:03","slug":"suzlon-energy-proposes-1-2-billion-deal-to-settle-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-energy-proposes-1-2-billion-deal-to-settle-debt\/","title":{"rendered":"Suzlon Energy proposes $1.2 billion deal to settle debt"},"content":{"rendered":"<p>Mumbai: Troubled wind-turbine maker Suzlon Energy offered to repay about Rs 8,500 crore ($1.2 billion) to lenders as part of a bad debt-resolution plan, people with knowledge of the matter said.<\/p>\n<p>Creditors led by State Bank of India will have to take a haircut of as much as 44 per cent on Suzlon&#8217;s debt if the offer is accepted, the people said, asking not to be named as the information is not public.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Troubled wind-turbine maker Suzlon Energy offered to repay about Rs 8,500 crore ($1.2 billion) to lenders as part of a bad debt-resolution plan, people with knowledge of the matter said. Creditors led by State Bank of India will have to take a haircut of as much as 44 per cent on Suzlon&#8217;s debt if the offer is accepted, the people said, asking not to be named as the information is not public.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-286897","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286897","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286897"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286897\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}