SolarCity has priced $201 million of notes backed by solar assets, its third and largest securitization to date.

The $160 million senior class, rated ‘BBB+’ by Standard & Poor’s, was sold at a fixed interest rate of 4.026%, according to a company statement. The notes have a weighted average life of 6.89 years and were priced at a spread of 180 basis points over interpolated swaps, according to aperson familiar with the deal.   

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