Sunedison Inc. (fka SUNEQ)

[OTCdoc]

Excerpt from Janney Firm "Janney Likes SunEdison Update, but Says Risk Still 'Elevated': "SunEdison presented a cash walk beginning with the end of the third quarter of 2015 and running through the end of 2016. Janney noted the earnout payment due to First Wind is now being estimated at $340 million, significantly less than the analyst’s estimate of $500 million. The estimated amount of cash needed to complete the acquisition of Vivint Solar Inc. (NYSE: VSLR) was in line with Janney’s estimate.

SunEdison expects to end fiscal 2016 with $1.1 billion in cash, double Janney’s previous expectation. Adjusted EBITDA of $1.186 billion is also higher than both the analyst’s prior estimate of $675 million and the consensus estimate of $703 million."