SunEdison Discloses Lenders Presentation, Includes Line Item For Bankruptcy Expenses

Shares of Sunedison Inc 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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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.

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