Green Bond Fact Sheet
Summary
This fact sheet details a USD 2 million green bond issued by the Franklin Township Sewer Authority on October 9, 2019, to refund outstanding Guaranteed Sewer Revenue Bonds from 2014 and cover issuance costs.
Key insights
- The Franklin Township Sewer Authority issued a USD 2 million green bond on October 9, 2019, with a maturity date of January 1, 2039, and a tenor of 19.2 years. The bond is categorized as a US Muni and is issued by a government-backed entity with an S&P credit rating of AA.
- The proceeds of the bond are designated for water and wastewater projects, specifically wastewater treatment, and will be used to refund all outstanding Guaranteed Sewer Revenue Bonds from the 2014 series and cover issuance costs.
- While the bond received BAM GreenStar certification, there is no stated reporting commitment. The Climate Bonds Initiative notes that while third-party assurance is beneficial and rare in the municipal market, they encourage reporting on the use of proceeds.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-10_US_Franklin_Township_Sewer_Authority.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-10_US_Franklin_Township_Sewer_Authority.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_Franklin_Township_Sewer_Authority.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_Franklin_Township_Sewer_Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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