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Klein_Leon

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Klein_Leon

Re: brojazzy post# 23513

Tuesday, 06/07/2016 5:43:32 PM

Tuesday, June 07, 2016 5:43:32 PM

Post# of 36208
SunEdison reaches terms for $1.3B bankruptcy loan
05:31 PM ET • SUNEQ • Eric Jhonsa, SA Eye on Tech
SunEdison (OTCPK:SUNEQ) has told the judge presiding over its bankruptcy the company has agreed to terms for a $1.3B debtor-in-possession operating loan, after haggling over final terms.
The judge still has to sign off on the loan. Last month, investors in non-bankrupt SunEdison units voiced objections to the company's loan plans, arguing the units shouldn't have to provide credit support for the loan.
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