Funding and M&A Roundup: Alberton Acquires Solarmax in Another Cleantech SPAC Deal
Alberton Acquisition signs merger agreement with SolarMax Technology
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Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-3 and Loanpal Solar Loan 2020-3, an asset-backed securitization collateralized by a pool of residential solar loans. The collateral in the deal includes approximately $434.50 million of residential solar loans as of the September 28, 2020 cut-off date. The preliminary ratings reflect the initial credit enhancement levels ranging from 25.01% for the Class A notes to 10.80% for the Class C notes.
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Utsav Sinha
More articles from Utsav Sinha.
