The deal includes a minimum assets test, requiring the issuers to own at least 10 assets at the end of the nine-month delivery period, or seven assets after the delivery period.

Solar issuer Sunrun raised $628.5m in its first deal of the year on Tuesday, the triple-tranche SUNRN 2025-1. The ‘A-1’ ...

Obligors are slightly more concentrated but the percentage of obligors in higher credit quality grades—2 through 5—increased to 56.9%, from 41.3% from the previous deal.