Solar power developer SunEdison's recent bankruptcy has lead to bondholders of its subsidy company, TerraForm Global Inc., to increase pressure on it's executives to produce financial reports. Banks and bondholders have begun to suggest deadlines for the company to file the currently delayed 2015 audited financial statements. The report is due in late November, but it will be a major embarrassment if it does not show that the company made money last year.
Solar power developer SunEdison's recent bankruptcy has lead to bondholders of its subsidy company, TerraForm Global Inc., to increase pressure on it's executives to produce financial reports. Banks and bondholders have begun to suggest deadlines for the company to file the currently delayed 2015 audited financial statements. TerraForm spokespeople have tried to assure banks and bondholders that the company is solvent, and while bondholders remain positive and supportive of the company, if TerraForm cannot deliver its audited financials in the specified time, the company may be placed in default.