SunEdison May Have Experienced Margin Call Says CreditSights

SunEdison may have triggered a collateral call on its $410 million margin loan, a report from CreditSights says, citing a decline in the financially-linked TerraForm Power Inc, which fell 36 percent in September and continued to slide, down 49 percent year ­to ­date. TerraForm is known as a "yieldco," the spin-off of a related business venture.

Subscription newsletter cites margin call, but bemoans lack of disclosure

CreditSights has determined the potential cash collateral shortfall could be $315 million based . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others