SAN MATEO, Calif., July 25, 2014 (GLOBE NEWSWIRE) -- SolarCity® (Nasdaq:SCTY) today announced the pricing of the offering by its wholly-owned subsidiary, SolarCity LMC Series III, LLC, of $201,500,000 aggregate principal amount of Solar Asset Backed Notes, Series 2014-2 (the "notes") consisting of two classes of notes. The notes were priced on July 24, 2014 and were offered only to persons who are both (i) qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended, and (ii) qualified purchasers as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended, and the rules and regulations thereunder, for purposes of Section 3(c)(7) of such Act.
SolarCity Announces Pricing Of Third Securitization
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