BRIEF-Terraform Global says Sunedison has requested that company share confidential information

miércoles 20 de julio de 2016 06:25 GYT
 

July 20 (Reuters) - Terraform Global Inc

* Sunedison has requested that co share confidential information about the company

* Sunedison requested that co take other steps to facilitate marketing of Sunedison interests in co; co considering Sunedison's request

* Co details preliminary financial data for bondholders in presentation

* Delays in filing form 10-K for fiscal year ended Dec 31, 2015, form 10-Q for quarter ended March 31 could have material adverse effect

* Delay in filing form 10-K and audited financial statements may impair ability to obtain financing and access the capital markets

* Financials for year ended Dec 31, 2015 or related audit report may include note regarding co's ability to continue as going concern

* If we incur material tax liabilities, distributions to holders of class a common stock may be reduced

* A number of 425 MW India projects appear to have been cross-funded or cross-collateralized by sunedison in violation of project lending agreements   Continuación...