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SolarCity Offers $200 mln Solar Bonds in First Public Offering

Posted by October 15, 2014

SolarCity Corp, the largest installer of residential solar panels in the United States, said it would offer up to $200 million of solar bonds and launch a new online investment site for investors to buy the debt.

SolarCity, which has sold solar panel-backed securities before, said this was the first registered public offering of solar bonds in the United States.

(Reporting by Swetha Gopinath in Bangalore)

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