Topaz Solar Farms prepares $250 million of secured notes due 2039

By Andrea Heisinger

New York, April 9 - Topaz Solar Farms LLC is planning a $250 million sale of series B senior secured notes due 2039 (Baa2/BBB/BBB), a source close to the sale said.

The sale "could take place" on Wednesday, the source said.

Pricing is being done under Rule 144A and Regulation S.

Barclays, Citigroup Global Markets Inc. and RBS Securities Inc. are the bookrunners.

The unit of First Solar, Inc. is based in Tempe, Ariz.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.