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SolarCity to Offer $200 Million Retail Green Bonds Online

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SolarCity Corp. is offering retail investors as much as $200 million in bonds that will be paid through revenue the company receives for selling electricity.

SolarCity is offering the notes through its website, the San Mateo, California-based company said today in a statement. Investors can purchase them in increments of $1,000 with rates from 2 percent, for debt that matures in one year, to 4 percent for seven years.