SolarCity Corp (NASDAQ:SCTY) concludes a $100 million loan from several banks to finance fresh panel installations. The renewable energy firm SolarCity Corp (NASDAQ:SCTY) in its Form 8-K filing with the Securities and Exchange Commission disclosed that, on June 7th, 2013, it has entered into financing with certain lenders. SolarCity Corp (NASDAQ:SCTY) disclosed that for the loan arrangement, Credit Suisse Securities (USA) LLC, ING Capital LLC and Rabobank, N.A., acted as the joint lead arrangers while Credit Suisse Group AG (NYSE:CS), Cayman Islands Branch acted as administrative agent and collateral agent. SolarCity Loan Terms The $100 million loan is financed against certain…
Tesla Founder’s SolarCity Corp (SCTY) Concludes $100M Loan Agreement
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports