Kroll Bond Rating Agency Assigns Preliminary Ratings to SolarCity FTE Series 2, LLC, Series 2017-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes from SolarCity FTE Series 2, LLC, Series 2017-A, a residential distributed generation solar securitization. This transaction is SolarCity Corporation’s (“SolarCity” or “the Company”) fifth securitization. The transaction is secured by a pool of 9,609 solar loans made by SolarCity to install residential rooftop photovoltaic systems. The systems are geographically distributed across 14