Tuesday, 17 November 2015

Bronte Capital Updates On SunEdison, There May Be A Credit Issue (SUNE)

New all-time low, $3.63 down 20.39%.
From Bronte Capital:

Sun Edison disclosure practice

I have - on the grapevine - been sent a research report from Credit Sights on Sun Edison. "The title: Sun Edison and Terraform: Dual 10Q cut. Recourse?"

It is complete with the usual suggestion that there is debt at Sun Edison that is both (a) recourse to the parent company and (b) does not have sufficient

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