Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

My interpretation is that SUNE has exhausted the monetization potential of asset sales in its DIP portfolio of entities (excluding the yieldcos) and is now tapping into its non-DIP assets to raise cash to pay off the DIP lenders. The further SUNE dips into its non-DIP entities for cash the less it has left over for creating a "going concern" in its restructuring plan. Despite what SUNE has said about a likely plan coming in January, this is still SUNE and they have been making overly optimistic statements for over a year. Tread carefully.