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SolarCity prices IPO at $8

Posted
12/12/2012 5:17:00 PM
By: Renaissance Capital
Referenced Stocks:SCTY

SolarCity, which leases and installs solar energy systems for homes and businesses, raised $92 million by offering 11.5 million shares at $8. SolarCity plans to list on the NASDAQ under the symbol SCTY. Goldman Sachs, Credit Suisse and BofA Merrill Lynch acted as joint bookrunners on the deal.