Senvion amends bonds, protects itself with self-administration

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Senvion amends bonds, protects itself with self-administration

Senvion
Germany Schleswig-Holstein Nortorf, construction of wind turbine SENVION 3.2M114, performance 3,2 Megawatt, Senvion is part of Suzlon Group | Joerg Boethling/Joerg Boethling

Senvion, the wind turbine manufacturer, has placed itself in administration, an arrangement it hopes will enable it to keep trading while it negotiates with bondholders and other creditors ahead of a full debt restructuring.

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