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

SunEdison Seeks Financing for Likely Bankruptcy Filing

In a filing with the U.S. Securities and Exchange Commission (SEC) Friday morning, SunEdison Inc. (NYSE: SUNE) said it has entered into confidentiality agreements with certain of its first- and second-lien lenders related to proposed debtor-in-possession financing for the struggling solar PV maker. As part of the agreement, SunEdison filed a copy of a presentation it made to second-lien lenders on March 17, 2016, less than two weeks following the company’s termination of its deal to acquire Vivint Solar Inc. (NYSE: VSLR).

The presentation filed Friday morning identifies three key goals for SunEdison:

  • Maximize value for all SunEdison stakeholders.
  • Move through the process as quickly as possible to maximize value and future...

More