Solar Star Funding talks $315 million notes due 2045 at 4.25% area; pricing Wednesday

By Aleesia Forni

Virginia Beach, March 3 – Solar Star Funding LLC plans to sell $315 million of senior secured notes, series B, due June 2045 on Wednesday, according to a market source.

Initial guidance is set in the 4.25% area.

The notes (Baa3/BBB/BBB-) will be sold via Rule 144A and Regulation S without registration rights.

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

Solar Star is owned by Des Moines-based utility holding company Berkshire Hathaway Energy Co.

© 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.