Green Bond Fact Sheet
Summary
The Lynwood Utility Authority Enterprise issued a USD 20 million US Municipal green bond on April 8, 2020, to finance sustainable water and wastewater management projects in the City of Lynwood, California.
Key insights
- The Lynwood Utility Authority Enterprise issued a USD 20 million US Municipal bond on April 8, 2020, with a maturity date of June 1, 2050, and a tenor of 30.2 years. The bond carries an AA credit rating from S&P, a coupon of 3.625%, and a yield of 3.750%.
- Proceeds from the bond are designated for sustainable water and wastewater management projects, specifically targeting improvements to the sewer and water systems of the City of Lynwood to develop sustainable infrastructure for drinking water and wastewater treatment.
- The bond is not certified and lacks a second party opinion, green bond framework, or assurance report. Additionally, the issuer stated there will be no future disclosure regarding whether the water and wastewater management projects maintain their 'green' status.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-04_US%20Lynwood_Utility_Authority_Enterprise.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-04_US%20Lynwood_Utility_Authority_Enterprise.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=8 April 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-04_US%20Lynwood_Utility_Authority_Enterprise.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2020-04_US%20Lynwood_Utility_Authority_Enterprise.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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