SolarCity is testing the market for securities backed by solar panel leases for the first time since several states introduced legislation that raises questions about the cost savings associated with these assets.

The deal, SolarCity LMC Series V, Series 2016-1 will issue $52.15 million of A notes rated BBB+ by Kroll Bond Rating Agency and BBB by Standard & Poor’s and $5.3 million of B notes rated BB+/BB. All of the notes have an expected maturity of September 2022 and a final maturity of September 2046.

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