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BlackSnake1

01/08/16 1:05 AM

#4159 RE: AXE_EVERYTHING #4158

That is for sure about article. SUNE
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AXE_EVERYTHING

01/08/16 1:41 AM

#4160 RE: AXE_EVERYTHING #4158

more backing behind why that other article is a POS article


In the Exchange Transactions, SunEdison has agreed to the following:

to issue $225 million aggregate principal amount of new senior secured convertible notes due 2018 (the "New Notes") in exchange for, in the aggregate, $40.5 million principal amount of the 2020 Notes, $106.9 million principal amount of the 2022 Notes, $97.0 million principal amount of the 2023 Notes and $91.4 million principal amount of the 2025 Notes;
to issue a total of an estimated 28.0 million shares of common stock (the "note exchange shares") in exchange for, in the aggregate, $44.3 million principal amount of the 2018 Notes, $71.0 million principal amount of the 2020 Notes, $10.5 million principal amount of the 2021 Notes, $37.0 million principal amount of the 2022 Notes, $43.0 million principal amount of the 2023 Notes and $38.5 million principal amount of the 2025 Notes; and
to issue a total of an estimated 11.8 million shares of common stock (the "equity exchange shares" and, together with the note exchange shares, the "exchange shares") in exchange for, in the aggregate, $158.3 million (or 158,327 shares) of the Preferred Stock.



bottom line is, they are extending items to 2018 as far as 2025(9 years from now)

imo this is a valid strategy to get it together here in the short term, SOLAR is going nowhere, and they have all of 2016 and 2017....

looking good imo