Suzlon Bondholders across four series approve FCCB restructuring proposal

The Company has also received the approval of the Corporate Debt Restructuring Empowered Group for the restructuring proposal

With reference to the earlier letters dated May 03, 2014 and June 17, 2014. Suzlon Energy Ltd has announced that the meetings of the holders of the respective series of Existing Bonds were held on July 09, 2014. Pursuant to the consent solicitation by the Company in relation to the Existing Bonds and the consent solicitation memorandum and information memorandum each dated June 17, 2014, the Company has announced to the holders of the Existing Bonds that the proposed restructuring of the Existing Bonds, including the terms and conditions of the new foreign currency convertible bonds (the "Restructured Bonds") has been approved by the holders of the Existing Bonds in their respective meetings. The Company has also received the approval of the Corporate Debt Restructuring Empowered Group for the restructuring proposal and the approval of the Reserve Bank of India, subject to specified conditions.