Green Bond Fact Sheet

This fact sheet details a USD 54 million green municipal bond issued by the Washington Suburban Sanitary District on December 23, 2019, to fund water filtration and transmission infrastructure projects in Maryland, USA.

• The Washington Suburban Sanitary District issued a green municipal bond on December 23, 2019, for an amount of USD 54 million with a maturity date of June 1, 2049, representing a tenor of 29.5 years.
• Proceeds from the bond are designated for the planning, design, construction, or rehabilitation of specific water infrastructure, including improvements to a water filtration plant to reduce solids discharges, the replacement of pre-filter chlorination and filter air scour systems, and the installation of large diameter water transmission mains, valves, and other appurtenances.
• The bond is categorized as a 'Government-Backed Entity' issuance and is the second green municipal issuance from the state of Maryland. It received a green bond rating of E1/80 from S&P Global Ratings, a rarity among US green Munis where only 14 out of 296 have acquired such a rating.
• The Washington Suburban Sanitary District, established in 1918 as a public corporation of the state of Maryland, provides sewage disposal facilities and water supply systems.
• The bond has a credit rating of AAA from both S&P and Fitch, with a coupon of 3.000% and a yield of 2.720%. There is no stated commitment for reporting.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12_US_Washington_Suburban_Sanitary_District.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12_US_Washington_Suburban_Sanitary_District.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=14 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12_US_Washington_Suburban_Sanitary_District.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12_US_Washington_Suburban_Sanitary_District.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }