Finance

SunEdison says in talks for potential DIP financing

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The Comanche Solar facility is shown in Pueblo, Colorado April 6, 2016. REUTERS/Rick WilkingThomson ReutersThe Comanche Solar facility is shown in Pueblo, Colorado

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

The struggling solar company said it had entered into confidentiality agreements with lenders on March 17. (http://bit.ly/1SGdzfX)

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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