Green Bond Fact Sheet

This fact sheet details a USD 145 million green bond issued by the Stockton Public Financing Authority on November 20, 2018, to refinance water distribution infrastructure.

• The Stockton Public Financing Authority issued a green bond totaling USD 145 million on November 20, 2018, with a maturity date of October 1, 2037, and a tenor of 19 years.
• Proceeds from the bond are designated for the refinancing of previously completed projects focused on water distribution through the "North" and "South" Water System(s).
• The bond is designated as 'BAM GreenStar Bonds', a label created by the Build America Mutual Assurance Company (BAM) to help identify US municipal green bonds that align with the ICMA’s Green Bond Principles.
• The issuer's prospectus includes risk disclosures regarding climate change, specifically mentioning the potential material impact of droughts, floods, and wildfires on the city's revenue streams.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Stockton%20Public%20Financing%20Authority.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Stockton%20Public%20Financing%20Authority.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=27 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Stockton%20Public%20Financing%20Authority.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-11%20US%20Stockton%20Public%20Financing%20Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }