Replies to post #33089 on Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

SUNE got the $300MM in "New Money" for the DIP Financing only after they agreed to add in the "Roll-Up" of $1 billion in prepetition first and second lien loans. The old "carrot and stick" negotiating tactic. If you bothered to read the DIP Financing documents you would know that the "Hierarchy" of payments requires that the Roll-Up loans get paid off first. The DIP Financing documents can found in both the Court Docket and Sunedison's 8-K filings.