SunEdison Announces Pay Down of Margin Loan
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Needham & Company Positive on SunEdison (SUNE) Steps to Improve Operating Structure
November 25, 2015 7:50 AM ESTReeling 8% this morning from a nasty competitor downgrade after yesterday's 37% pop, Needham & Company views recent steps by SunEdison (NYSE: SUNE) as positive to... More
SunEdison (SUNE) Announcements Remove Several Overhangs - Deutsche Bank
November 24, 2015 1:39 PM ESTSunEdison's (NYSE: SUNE) announcements this morning -- including resolution of its $410 million margin loan, selling 425MW of projects to Terraform Global (Nasdaq: GLBL), and signing a 6.2MW 20 year PPA with L.A. County -- are positive for SunEdison and TerraForm Power (NASDAQ: TERP) shareholders, according Deutsche Bank analyst Vishal Shah.
The analyst explained, "SunEdison made several announcements this morning, including resolution of the ~$410M margin loan, selling ~425MW of projects to Terraform Global, and signed... More
SunEdison (SUNE) Reports Pay Down of Margin Loan
November 24, 2015 9:09 AM ESTSunEdison, Inc. (NYSE: SUNE), the largest global renewable energy development company, today announced that its wholly-owned subsidiary SUNE ML 1, LLC repaid substantially all of the amounts due and owing pursuant to the Margin Loan Agreement it had entered into with Deutsche Bank AG,... More
