Reuters - SolarCity Reveals IPO Pricing Expectations

SolarCity Corp, a US installer of residential and commercial solar systems, said it expects its initial public offering of 10.07 million shares to be priced at between $13 and $15 apiece, writes Reuters. At the top end of the expected price range, the offering would raise about $151 million and give the company a valuation of more than $1 billion.

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