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Topaz Solar Farms prepares $250 million of secured notes due 2039
By Andrea Heisinger
New York, April 9 - Topaz Solar Farms LLC is planning a $250 million sale of series B senior secured notes due 2039 (Baa2/BBB/BBB), a source close to the sale said.
The sale "could take place" on Wednesday, the source said.
Pricing is being done under Rule 144A and Regulation S.
Barclays, Citigroup Global Markets Inc. and RBS Securities Inc. are the bookrunners.
The unit of First Solar, Inc. is based in Tempe, Ariz.
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