Here is some information about SUNR. After reading and talking to my wife, I'm guessing that some huge project is being financed - companies generally use credit to purchase and use cash to pay the creditor (my wife works in the accounting department of TRMB: Nasdaq).
Overview
Sunrise Securities Corp. is a boutique investment bank that specializes in debt and equity financings. We provide a full range of investment banking and corporate financial advisory services for small to mid size public and privately-held companies. Our dedicated team of senior professionals provides best-in-class capital raising and advisory services to our clients.
Our debt capital markets team has significant experience in the U.S. and international debt markets and has been responsible for over $40 billion of lead-arranged financings globally.
Our equity capital markets team is known for its innovative style and over the last few years has successfully completed over $3 billion in capital raising and advisory assignments as the sole placement agent or sole underwriter for more than 65 domestic and international companies.
Our affiliate, Sunrise Equity Partners L.P., is a $174 million SBIC fund, which makes direct investments in public companies.