Green Bond Fact Sheet
Summary
The City of Lawrence issued a USD 12 million US Municipal bond on July 15, 2020, to finance capital improvements for its waterworks, including plant and system upgrades.
Key insights
- The City of Lawrence issued a USD 12 million US Municipal bond on July 15, 2020, with a maturity date of January 1, 2050, and a tenor of 29.5 years. The bond has a credit rating of AA from S&P, a yield of 2.950%, and a coupon of 2.875%.
- The proceeds of the bond are designated for water and wastewater projects, specifically water distribution and water treatment. Funding will support capital improvements for the waterworks, including well fields, distribution lines and mains, booster station improvements, and plant improvements at Indian Lake WTP and Ft. Harrison WTP, as well as elevated tanks at 52nd Street.
- The City of Lawrence operates a water utility serving approximately 14,905 customers. The bond was underwritten by KeyBanc and is included in the CBI Database, although it is not certified and has no stated reporting commitment.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_City_of_Lawrence.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_City_of_Lawrence.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_US_City_of_Lawrence.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_US_City_of_Lawrence.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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