Actionable news
0
All posts from Actionable news
Actionable news in SUNE: SUNEDISON Inc,

SunEdison Said to Plan Bankruptcy Filing as Soon as Sunday

SunEdison Inc., the world’s largest renewable-energy developer, is preparing to file for bankruptcy protection in New York as soon as Sunday, according to a person with knowledge of the matter.

The company, which had $11.7 billion in long- and short-term debt as of Sept. 30, has arranged for bankruptcy financing that will be provided by first- and second-lien lenders, said the person, who asked not to be identified because the matter is private.

Ben Harborne, a SunEdison spokesman, declined to comment.

SunEdison is in talks with creditors to determine which...


More