Green Bond Fact Sheet

A fact sheet detailing a USD 65 million green bond issuance by Washington State University on July 16, 2019, used to refund and refinance LEED-certified buildings.

• Washington State University issued a US Municipal green bond totaling USD 65 million on July 16, 2019, with a maturity date of October 1, 2034, and a tenor of 15.2 years.
• The proceeds of the bond were used to refund and defease a portion of the university's Trust and Building Fee Revenue Bonds, specifically to refinance buildings on the Pullman and Vancouver campuses that meet LEED Gold, LEED Silver, or LEED Silver equivalent standards.
• The bond is categorized under 'Energy' and 'Buildings' (specifically 'Certified Buildings'), but it is not certified under a specific certification standard and has no second party opinion.
• The university stated that all proceeds from the refunded bonds have been spent and it does not intend to provide further disclosure regarding the projects or the 'Green Bonds' status of the issuance.
• The bond was underwritten by Barclays and received a credit rating of Aa3 from Moody’s, with a coupon of 5.000% and a yield of 2.040%.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-07%20US%20WASHINGTON%20ST%20UNIV%20REVENUES%281%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-07%20US%20WASHINGTON%20ST%20UNIV%20REVENUES%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=23 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-07%20US%20WASHINGTON%20ST%20UNIV%20REVENUES%281%29.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07%20US%20WASHINGTON%20ST%20UNIV%20REVENUES%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }