SunEdison Closes Down 40% As Company Issues Bonds, Makes Other Financial Moves

By Claudia AssisMarketWatch Pulse

Shares of SunEdison Inc. tanked 40% on Thursday as the solar-power company issued bonds and announced other financial transactions. "We believe all the transactions demonstrate progress in improving the company's liquidity position and deleveraging balance sheet," analysts at RBC Capital said in a note Thursday. Shares of SunEdison fell 0.6% in after-hours trading Thursday.

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