Monday, July 22, 2013

Memc Electr Matls Inc 7.75 04/01/2019

In May, I researched about 25 Junk Bonds that give a good yield. Some of them I would buy for short term savings and investment. Others I would buy for a longer term for such things as a new car, home, or my IRA.

Memc Electr Matls Inc 7.75 04/01/2019 is a bond that I would buy for intermediate term investing, 5 to 8 years. This investment would be good for just about any objective, IRA, car, home, and etc. the CUSIP No. is 552715AC8. The Standard and Poor’s Rating is B+. The Moody’s Rating is Caa1. Recent price is $975.00 for a $1,000 bond. The bond gives $77.50 per year in interest. So in 5 years, this bond will give $387.50 plus $25.00 in appreciation. Since it has more than 5 years to maturity, it will give the investor more in interest than $387.50.

SunEdison, Inc. (NYSE: SUNE), formerly MEMC Electronic Materials, Inc., is a global leader in semiconductor and solar technology, and a leading solar energy services provider dedicated to transforming lives through innovation. SunEdison provides innovative, advanced technology solutions to corporations, utilities, governments and leading chip manufacturers to transform lives around the world. With R&D and manufacturing facilities in the U.S., Europe and Asia, the company focuses on innovation throughout our business. They carry this commitment throughout our global sales, manufacturing, and support organizations.

As of March 31, 2013, SunEdison has interconnected over 1 Gigawatt of solar energy. For more information about SunEdison, please visit www.sunedison.com.

About Wells Fargo & Company

SunEdison, Inc. (NYSE: SUNE) and Wells Fargo & Company (NYSE: WFC), announced today that Wells Fargo subsidiaries plan to invest more than $100 millionof tax equity financing in 2013 and 2014 combined to fund U.S. solar photovoltaic distributed generation power projects developed by SunEdison. These new investments build on the relationship that first began between Wells Fargo and SunEdison in 2007. Since 2007, Wells Fargo has provided more than $950 millionof tax equity and construction financing for more than 200 utility and distributed generation solar projects developed by SunEdison. The projects are located in thirteen U.S. states and in Puerto Rico.

A leader in reducing its own greenhouse gas emissions and building sustainably, Wells Fargo has been recognized by the U.S. Environmental Protection Agency's Center for Corporate Climate Leadership, the Carbon Disclosure Project and the U.S. Green Building Council. Since 2005, Wells Fargo has provided more than $21 billionin environmental finance, supporting sustainable buildings and renewable energy projects nationwide. This includes investments in more than 260 solar projects and 34 wind projects that generate enough clean renewable energy to power hundreds of thousands of American homes each year. For more information, please visit. www.wellsfargo.com/environment.

Wells Fargo& Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillionin assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank's customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2013 rankings of America's largest corporations. Wells Fargo'svision is to satisfy all our customers' financial needs and help them succeed financially.

SunEdison maintains its corporate headquarters in St. Peters, Missouri.



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