KBRA Assigns Preliminary Ratings to Tesla 2017-2, LLC, Series 2017-2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes from Tesla 2017-2, LLC, Series 2017-2. The notes are newly issued asset-backed securities backed by a portfolio of residential photovoltaic solar installations (PV Systems). The securitization is backed by a diversified pool of 12,446 solar leases and power purchase agreements (PPAs) associated with residential rooftop photovoltaic systems. These systems are expected to be geographical