Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Solutions Sarl > News item |
SunEdison unit makes $95 million paydown on margin loan agreement
By Susanna Moon
Chicago, Nov. 24 – Sune ML 1, LLC, a special purpose subsidiary of SunEdison, Inc., announced it has repaid an additional $95 million due and owing under a margin loan agreement dated Jan. 29.
Deutsche Bank AG was the administrative and calculation agent, according to a news release.
Approximately $5 million of the principal amount remains outstanding as cash collateral under the agreement.
Sune ML 1 is a Delaware-based limited liability company.
St. Peters, Mo.-based SunEdison is a renewable energy company that makes solar technology and develops solar power plants.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.