Green Bond Fact Sheet
Summary
A fact sheet detailing a USD 38 million green bond issued by the University of Vermount and State Agricultural College on August 21, 2019, to fund campus infrastructure and building projects.
Key insights
- The University of Vermount and State Agricultural College issued a USD 38 million green bond on August 21, 2019, with a maturity date of August 1, 2049, and a tenor of 30 years. The bond is classified as a US MUNI and the issuer is a government-backed entity.
- Proceeds from the bond are designated for the construction of a new event centre, the renovation of a hockey arena, and the conversion of a gymnasium into a recreational facility. The construction of the new centre accounts for 96% of the total proceeds and is intended to meet LEED Silver specifications.
- The bond received credit ratings of Aa3 from Moody’s and A+ from S&P Global Ratings. The Climate Bonds Initiative notes that while LEED Silver is a respectable certification, it encourages issuers to aim for higher certification levels and improved energy performance.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20University%20of%20Vermont.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20University%20of%20Vermont.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=21 August 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20University%20of%20Vermont.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 = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20University%20of%20Vermont.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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