SunEdison (SUNE), Vivint Solar (VSLR) Amend Merger Agreement

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SunEdison (SUNE)/Vivint Solar (VSLR) Restructuring Positive, But Remain on Sidelines - Baird

December 10, 2015 7:50 AM EST

Baird analyst, Ben Kallo, highlighted that the change in price for the Vivint Solar, Inc. (NYSE: VSLR) deal will help SunEdison's (NYSE: SUNE) ability to meet its commitments but not enough to get an... More

Deutsche Bank Comments on Amended SunEdison (SUNE) and Vivint Solar (VSLR) Transaction

December 9, 2015 2:17 PM EST

Today's amended SunEdison (NYSE: SUNE) and Vivint Solar (NYSE: VSLR) agreement, with the help of Blackstone (NYSE: BX), should help alleviate near term cash concerns, said Deutsche Bank analyst Vishal Shah.

Earlier the two sides said they reached an agreement to amend the terms of merger agreement, with Blackstone providing a $250 million credit facility to fund the ongoing growth of SunEdison.

Commenting on developments, Shah said, "Blackstone will likely... More

SunEdison's (SUNE) Amended Vivint Solar Deal a 'Clear Positive' - Credit Suisse

December 9, 2015 12:58 PM EST

Credit Suisse analyst Patrick Jobin called today's amended Vivint Solar deal a "clear positive" for SunEdison (NYSE: SUNE).

"The share strength in both SUNE and TERP is warranted as the restructured deal eases liquidity constraints and appears to more appropriately balance... More

SunEdison (SUNE) Saves About $4.15/Share with Amended Vivint Solar (VSLR) Deal - RBC Capital

December 9, 2015 11:59 AM EST

RBC Capital analyst Mahesh Sanganeria weighed in on SunEdison (NYSE: SUNE) after the company announced amended merger agreement to acquire Vivint Solar (NASDAQ: VSLR).

According to the amended term, SunEdison will reduce the cash portion of the offer by $2.00/share, increase the stock portion of the... More