Green Bond Fact Sheet

Spanish Fork City issued a USD 73 million US Municipal green bond on August 5, 2020, with a maturity date of September 1, 2040. The proceeds are designated for the construction of additions and improvements to the city's sewer system, specifically including a new membrane bio–reactor treatment plant with solids holding tanks based on recommendations from a 2018 assessment. The bond carries an AA credit rating from S&P and a coupon of 4.000%.

• Spanish Fork City issued a USD 73 million US Municipal green bond on August 5, 2020, with a maturity date of September 1, 2040, and a tenor of 20.1 years.
• The bond proceeds are allocated to water and wastewater projects, specifically for sewer system improvements and the construction of a new membrane bio–reactor treatment plant with solids holding tanks on property southeast of the existing plant, following a 2018 assessment.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-08_US_Spanish_Fork_City.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-08_US_Spanish_Fork_City.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 August 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-08_US_Spanish_Fork_City.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2020-08_US_Spanish_Fork_City.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }