Published on 8/17/2016 in the Prospect News Green Finance Daily.
New Issue: SolarCity prices $124 million 6½% 18-month solar bonds
By Angela McDaniels
Tacoma, Wash., Aug. 17 – SolarCity Corp. is offering $124 million of 6½% solar bonds, series 2016/13-18M, due Feb. 17, 2018 at par, according to a 424B5 filing with the Securities and Exchange Commission.
The offer period began Wednesday and will run until Aug. 30.
SolarCity is a San Mateo, Calif., provider of clean energy.
| Issuer: | SolarCity Corp.
|
| Issue: | Solar bonds, series 2016/13-18M
|
| Amount: | $124 million
|
| Maturity: | Feb. 17, 2018
|
| Coupon: | 6½%
|
| Price: | Par
|
| Yield: | 6½%
|
| Offer period: | Aug. 17 to Aug. 30
|
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