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SunEdison Discloses Lenders Presentation, Includes Line Item For Bankruptcy Expenses

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SunEdison Discloses Lenders Presentation, Includes Line Item For Bankruptcy Expenses

Shares of Sunedison Inc (NYSE: SUNE) were trading higher by more than 7 percent early Friday morning after the company provided in a regulatory filing an update to its bankruptcy proceedings.

SunEdison and certain of its first and second lien lenders entered into a confidentiality agreement in March in which certain information regarding the company was provided. The company has also agreed to publicly file the information, which shows a line item for bankruptcy expenses.

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The entire slide show presentation can be viewed here.

SunEdison added that its ongoing negotiations with respect to potential financing transactions are still undergoing and there can be no assurance that any agreement will be reached.

Image Credit: Public Domain

 

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