Credit Suisse said SunEdison's new $1B warehouse facility and proposed $500M perpetual convertible preferred offering is a net positive. The firm said the warehouse provides additional capacity to build and hold assets prior to the drop-down to the YieldCos and the preferred stock raise will fund greater than $5B in operating-asset warehouse facilities that require 5-10% in equity. Credit Suisse said the raises also increases visibility into future growth and should reduce uncertainty on where SunEdison will obtain capital needed for $7B of assets expected to be formed in 2016. The firm has an Outperform rating and $35 price target on SunEdison shares.