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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%.
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Document type: Fact sheet
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