Green Bond Fact Sheet

The Maryland Stadium Authority issued a USD 34 million green bond on July 21, 2020, to finance the construction of Northwood Elementary PK-5 School, targeting at least LEED Silver certification.

• The Maryland Stadium Authority issued a green bond on July 21, 2020, with a total amount of USD 34 million and a maturity date of May 1, 2047.
• Proceeds from the bond are designated for the construction of the Northwood Elementary PK-5 School, a replacement project covering 100,213 square feet on a 14-acre site. The project is designed to achieve at least a LEED Silver certification from the United States Green Building Council, though it is also pursuing LEED Gold certification.
• The school project aims for sustainability outcomes including the reduction of surface heat island effect and water use, improved efficiency in mechanical and lighting systems, the use of local, recycled, and low-emitting materials, and responsible construction waste management.
• The bond has a credit rating of AA- from S&P and AA from Fitch, with a coupon of 5.000% and a yield of 2.530%.
• Beyond the Continuing Disclosure Agreements, the issuer has not stated that there will be reporting on the impact of the proceeds.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_Maryland_Stadium_Authority.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_Maryland_Stadium_Authority.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_Maryland_Stadium_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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_US_Maryland_Stadium_Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }