Green Bond Fact Sheet

The Borough of Grove City issued a USD 9 million US Municipal green bond on June 18, 2020, to fund improvements to its water system.

• The Borough of Grove City issued a US Municipal green bond totaling USD 9 million on June 18, 2020, with a maturity date of December 1, 2049, and a tenor of 29.5 years.
• The proceeds from the bond issuance are designated for the 'acquisition, design, construction, furnishing and equipping of improvements to the borough’s water system'.
• The bond has a credit rating of AA from S&P, a coupon of 4.000%, and a yield of 2.580%.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-06_US_Borough_of_Grove_City.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-06_US_Borough_of_Grove_City.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 June 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-06_US_Borough_of_Grove_City.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2020-06_US_Borough_of_Grove_City.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }