Wires

Suzlon bondholders reject proposal to extend redemption date

MUMBAI, Oct 11 (Reuters) - Bondholders in India's SuzlonEnergy , the world's fifth-largest maker of windturbines, have rejected a proposal by the company to extend byfour months the redemption of two tranches of bonds due onThursday totalling $220.8 million.

"I regret to announce today that the bondholders' meetingsdid not achieve the consensus we were hoping for and thefour-month extension sought by us has not been granted," KirtiVagadia, chief financial officer of the Suzlon Group, said in astatement on Thursday.

(Reporting by Tony Munroe; Editing by Ranjit Gangadharan)

((tony.munroe@thomsonreuters.com)(+91 22 6180 7257)(ReutersMessaging: tony.munroe.reuters.com@reuters.net))

Keywords: INDIA SUZLON/