SunEdison says in talks for potential DIP financing

April 15, 2016 2:14 PM

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SunEdison says in talks for potential DIP financing

Troubled solar energy company SunEdison Inc (SUNE.N) said on Friday it was in talks for potential debtor-in-possession financing with some of its first and second-lien lenders.

SunEdison, which is widely expected to file for bankruptcy soon, said it needed about $310 million to stay in business, estimating a cash shortfall of $260 million by mid-June.

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