Sunedison Inc. (fka SUNEQ)

[Hugodrax]

SUNEQ has a less than zero chance of recovery. It will be cancelled. Senior bondholders will likely be wiped and will be lucky to get 10 cents on the dollar. Preferred equity which also ranks higher than equity is gone. Commons are a zero.

The debts are easy to calculate, even excluding the contingent lawsuit and other claims. The assets take a bit more work but it's easy to conclude that the judge and the bond market are right - it is hopeless.

All the baggy letters in the world won't change that.

Yes you got screwed over. But sorry, it's not up to the bond holders to make you whole - they are taking enough of a pounding themselves.

Really sad that people won't accept the truth here. I.e. MATH.