By Lisa Kerner
Charlotte, N.C., May 14 – SolarCity Corp. priced $5 million of 2.5% solar bonds, series 2015/14-2 due 2017.
The bonds will be sold from May 14 through July 31 in denominations of $1,000 and multiples of $1,000, according to a filing with the Securities and Exchange Commission.
Interest will be paid semiannually in arrears on Feb. 15 and Aug. 15, beginning on Aug. 15, 2015.
San Mateo, Calif.-based SolarCity provides clean energy and financial products based on clean energy.
| Issuer: | SolarCity Corp.
|
| Issue: | Solar bonds, series 2015/14-2
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| Amount: | $5 million
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| Coupon: | 2.5%
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| Maturity: | May 14, 2017
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| Offering period: | May 14 to July 31
|
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