debt
confidence high
sentiment neutral
materiality 0.65
Sunnova closes $320.2M solar asset-backed securitization; director Morgan resigns
Sunnova Energy International Inc.
- Issued $308.5M Class A notes at 6.58% and $11.7M Class B notes at 9.00%, due Aug 2033.
- Proceeds used for offering expenses and general corporate purposes.
- Notes rated A- (sf) and BBB (sf) by Kroll Bond Rating Agency.
- Director Michael C. Morgan to resign effective Oct 7, 2024, for personal reasons, no disagreement.