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424B5
SUNEDISON, INC. filed this Form 424B5 on 09/13/2013
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maturity of our second-lien credit agreement and any borrowings thereunder will not be subject to mandatory amortization. Borrowings under the new credit facility are expected to be secured on a first-lien basis by substantially all of the assets of our Solar Energy business. We are currently seeking commitments from prospective lenders for the new revolving credit facility. This offering is not conditioned upon the completion of this refinancing and, accordingly, we can provide no assurances that we will complete the refinancing or whether the final terms will be as outlined herein. In lieu of completing the refinancing, we may instead undertake to amend and extend our existing revolving credit facility.

Business Outlook Update

We recently revised our outlook for certain of our key operating metrics for the year ending December 31, 2013. Based on this revised outlook, we believe that our Semiconductor Materials business will generate revenues of $920 million to $960 million in 2013 and the megawatts (“MWs”) associated with solar energy systems that we expect be to retained on our balance sheet as of December 31, 2013 will range between 75 to 100. We also issued our outlook for certain key metrics for our solar energy business the year ending December 31, 2014. For that year, we estimate that the MWs associated with solar energy system sold during the year will range from 750 to 900 and the MWs that are expected to be retained on our balance sheet as of the end of year will range from 50 to 150. These forward-looking statements are based upon a number of assumptions and estimates that, while presented with numerical specificity, are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and are based upon specific assumptions with respect to future business decisions, some of which will change. See “Forward-Looking Statements” and “Risk Factors—Risks Related to this Offering and Ownership of Our Common Stock—Our actual operating results may differ significantly from our forward-looking statements and investors are cautioned not to place undue reliance on such statements.”

 

 

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