Suzlon Energy has redeemed the entire outstanding FCCBs (Foreign Currency Convertible Bonds) at their principal amount aggregating to $529,338.11 together with accrued but unpaid interest thereon up to the redemption date at the rate of 1.25% p.a. amounting to $1,378.48 in accordance with terms of the FCCBs.
Accordingly, the FCCBs have been cancelled and will be delisted from the Singapore Exchange Securities Trading. Following the redemption, there are no outstanding FCCBs in issue.
Suzlon Energy is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R & D centers & training campuses in India.
