Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

The Fat Lady is walking onstage. Docket #3291 filed at 12:30 AM (677 pages) lays it all out. Sources and Uses of Funds from 1/2013 thru 9/30/15 is laid out on Page 359. Pages 344-345 lays out current Assets with Intercompany Receivables (after consolidations and eliminations) of $56 million and Investments in Subsidiaries of $835 million (the remaining offer amount for the Yieldcos). That is +$17 billion wiped from the books and non-DIP claims still outstanding of +$4.5 billion. Unsecured Creditors are projected to recover approximately 2.8% of outstandings. Current commons may have until late September to keep trading but come October it will be defunct.