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Brookfield Plans Offer for Majority Stake in Suzlon.
- Source :
- Bloomberg.com; 7/10/2019, pN.PAG-N.PAG, 1p
- Publication Year :
- 2019
-
Abstract
- The article discusses Brookfield Asset Management Inc. is planning an offer for a majority stake in India's debtladen Suzlon Energy Ltd. It mentions that Brookfield is working with a financial adviser for due diligence on Suzlon; and deal like Brookfield's could be critical for Suzlon and its lenders as the firm's ratings on its long-term bank facilities were downgraded at Care Ratings Ltd. to D from BB in April 2019.
- Subjects :
- CONVERTIBLE bonds
BANK loans
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 137553748