KBRA Assigns Preliminary Ratings to Vivint Solar Financing V, LLC

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes from Vivint Solar Financing V, LLC. The transaction is secured by the equity interests of the managing members in the related Project Companies that in the aggregate, own a portfolio of 37,792 leases and PPAs associated with residential solar photovoltaic installations (“PV Systems”), as well as $20.7 million of hedged SREC contracts. Cash flow related to the portfolio is net of operat