05:52 PM EST, 01/28/2025 (MT Newswires) -- Sunrun ( RUN ) said Tuesday it priced a $629 million securitization of leases and power purchase agreements, its first issuance this year.

The transaction was structured with three classes of A-rated notes and a single class of BB-rated notes.

The $102 million Class A-1 notes and the $276.5 million Class A-2A notes were marketed in a public asset-backed securitization, whereas the $250 million Class A-2B notes were privately placed, the company said late Tuesday.