Ormat Funding Corp., a wholly owned subsidiary of Ormat Technologies (ORA), declared the expiration and effective date of the consent solicitation launched on December 3 relating to its 81/4% Senior Secured Notes due December 30, 2020. Holders of more than 66% of the aggregate principal amount of outstanding notes have delivered and not revoked their valid consents. The consent and waivers granted pursuant thereto are no longer revocable, effective at 5:00 p.m. New York time, on December 7.
What many may be asking as they wake up to these ugly losses with stock futures pointing due south, is if Wall …