Green Bond Fact Sheet

This fact sheet details a USD 3.385 million bond issued by the Town of Schererville, Lake County, on July 29, 2020, to refund a 2010 bond used for sewage construction and improvements.

• The Town of Schererville issued a USD 3.385 million bond on July 29, 2020, with a maturity date of January 30, 2030, and a tenor of 9.5 years. The bond is a US Muni type issued by a local government and carries an AA credit rating from S&P.
• The proceeds of the bond are designated for the refunding of a bond that originally funded sewage construction and improvements in 2010. The use of proceeds is categorized under Water & wastewater, specifically for water treatment and infrastructure.
• Although the bond is designated as a BAM GreenStar bond, it is not self-labelled as green. The Climate Bonds Initiative (CBI) notes that the revenue bond is backed by net revenues from the town's sewage system, though it acknowledges that an epidemic or pandemic could negatively impact the net revenue used for debt service.

APA

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

Chicago

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

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_US_Town_Of_Schererville_Lake_County.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_Town_Of_Schererville_Lake_County.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }