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Hold (2.00 out of 4)
100th percentile
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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, April 19, 12:32 PM
Slide #360. SunEdison, Inc. — Preferred Stock Offering
| Company: |
SunEdison, Inc. (SUNE) |
| Date announced: |
8/17/2015 |
| Shares Offered: |
650,000 |
| Date of Pricing: |
8/18/2015 |
| Price Per Share: |
$1,000 |
| Preferred Stock Offering Details: |
SunEdison, Inc. (the "Company") (NYSE: SUNE), announced today that it intends to file a prospectus supplement to a registration statement filed on Form S-3 with the U.S. Securities and Exchange Commission ("SEC"), relating to a proposed underwritten public offering of shares of perpetual convertible preferred stock, par value $0.01 per share (the "Perpetual Convertible Preferred Stock"). The Company will be offering 500,000 shares of its Perpetual Convertible Preferred Stock. - updated 8/18 - SunEdison, Inc. (the "Company") (NYSE: SUNE) announced today the pricing of its public offering of 650,000 shares of 6.75% Series A Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Perpetual Convertible Preferred Stock"), at a price of $1,000 per share. The offering is expected to close on August 21, 2015, subject to customary closing conditions. |
SunEdison is a developer and seller of photovoltaic energy solutions. Co. is also engaged in the development, manufacture and sale of silicon wafers to the semiconductor industry. Co. has three segments: solar energy, which provides solar energy services that integrate the design, installation, financing, monitoring, operations and maintenance portions of the downstream solar market for its customers; TerraForm Power, Inc., which owns and operates power generation assets, both developed by the Solar Energy segment and acquired through third party acquisitions; and semiconductor materials, which includes the manufacture and sale of silicon wafers to the semiconductor industry.
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