Green Bond Fact Sheet

The Mid-Arkansas Utilities Public Water Authority issued a USD 5 million US Muni green bond on March 31, 2020, to refund Water Revenue Acquisition Bonds. The bond, rated AA by S&P, is designated as a BAM Greenstar Bond and is the first green bond issued in Arkansas in 2020.

• The Mid-Arkansas Utilities Public Water Authority issued a USD 5 million green bond on 31-03-2020 with a maturity date of 01-06-2034 and a tenor of 14.2 years. The bond is a US Muni type, issued by a government-backed entity, and carries an AA credit rating from S&P.
• The proceeds from the issuance are intended to refund the Authority's Water Revenue Acquisition Bonds. The use of proceeds is categorized under water and wastewater, specifically for water distribution, water treatment, wastewater treatment, and infrastructure.
• The bonds are designated as BAM Greenstar Bonds because the use of proceeds aligns with ICMA Green Bond Principles (GBPs) and are backed by a Municipal Bond Insurance Policy from Build America Mutual Assurance Company (BAM). There are currently no obligatory reporting mechanisms for future performance.
• This issuance represents the first green bond issued from Arkansas in 2020 and was one of five US Muni green bonds issued in March 2020.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Mid-Arkansas_Utilities_Public_Water_Authority.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Mid-Arkansas_Utilities_Public_Water_Authority.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 March 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Mid-Arkansas_Utilities_Public_Water_Authority.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 = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Mid-Arkansas_Utilities_Public_Water_Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }