India turbine maker slumps after missing dollar bond payment

Suzlon Energy Ltd., which became India's biggest convertible-note defaulter in 2012, slumped in Mumbai after missing payments on dollar-denominated convertibles due Tuesday.
Photo: Carsten Ingemann
Photo: Carsten Ingemann
BY BLOOMBERG NEWS, ANURAG JOSHI

Suzlon Energy Ltd., which became India's biggest convertible-note defaulter in 2012, slumped in Mumbai after missing payments on dollar-denominated convertibles due Tuesday.

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Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

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