Green Bond Fact Sheet

The City of Hot Springs, Arkansas, issued a USD 5 million green bond on October 8, 2019, to refund Waterworks Revenue Refunding and Construction Bonds and fund system improvements.

• On October 8, 2019, the City of Hot Springs, Arkansas, issued a US Municipal green bond totaling USD 5 million with a 20-year tenor and a maturity date of January 10, 2039. The bond has a credit rating of AA from S&P, a coupon of 3%, and a yield of 2.7%.
• The proceeds from the bond are designated for water and wastewater projects, specifically for refunding the City's Waterworks Revenue Refunding and Construction Bonds, as well as the costs associated with acquiring, constructing, and equipping system betterments and improvements.
• The bond was assured by BAM GreenStar but is not certified. There is no stated reporting commitment, and the Climate Bonds Initiative encouraged further disclosure regarding the use of proceeds.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-10_US_City_of_Hot_Springs%2C_Arkansas.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-10_US_City_of_Hot_Springs%2C_Arkansas.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=15 October 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-10_US_City_of_Hot_Springs%2C_Arkansas.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2019-10_US_City_of_Hot_Springs%2C_Arkansas.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }