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Suzlon bondholders reject proposal to extend redemption date

MUMBAI, Oct 11 (Reuters) - Bondholders in India's Suzlon Energy , the world's fifth-largest maker of wind turbines, have rejected a proposal by the company to extend by four months the redemption of two tranches of bonds due on Thursday totalling $220.8 million.

"I regret to announce today that the bondholders' meetings did not achieve the consensus we were hoping for and the four-month extension sought by us has not been granted," Kirti Vagadia, chief financial officer of the Suzlon Group, said in a statement on Thursday.

(Reporting by Tony Munroe; Editing by Ranjit Gangadharan)

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

Keywords: INDIA SUZLON/