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  • The Paradise Township Sewer Authority issued a USD 5 million US Municipal green bond on August 1, 2019, with a 30-year tenor maturing on October 15, 2049. The bond, rated AA by S&P, is designated for water and wastewater use of proceeds, specifically to refund an outstanding sewer revenue note, finance a Debt Service Reserve Fund deposit, fund capital improvement projects, and cover insurance and issuance costs.

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    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    Themes: water and wastewater
    Climate Bonds Initiative

    Document type: Fact sheet

    Regions: United StatesPennsylvaniaParadise
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