TerraForm Power Operating Extends Consent Solicitation

TerraForm Power Inc TERP revealed its fully owned subsidiary, TerraForm Power Operating, LLC, extended the expiration date of its previously disclosed solicitation of consents to July 8. As a result, holders of its 5.875 percent senior notes due 2023 and its 6.125 percent senior notes due 2025 have more time to submit their consent solicitation unless further extended or terminated by it.

TerraForm Power said there were no other changes in the consent solicitation and all other aspects remain intact.

Related Link: Avondale Partners Upgrades TerraForm Power To Market Outperform

The company indicated that Citigroup Global Markets Inc. is the solicitation agent for the consent solicitation.

At time of writing, the stock was essentially flat on the day and trading at $10.91.