Kroll Bond Rating Agency Assigns Preliminary Ratings to SolarCity LMC Series IV, LLC, Series 2015-1

Business News
Print
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes from SolarCity LMC Series IV, LLC, Series 2015-1, a residential distributed generation solar securitization. This transaction is SolarCity Corporation’s (“SolarCity” or “the Company”) fourth securitization. However, this is the Company’s inaugural solar securitization structured as a tax partnership. The transaction is secured by the distributions to the managing members of the related

imageimage
image