debt
confidence high
sentiment neutral
materiality 0.35
Hannon Armstrong commences private offering of green senior unsecured notes; proceeds to refinance debt
HA Sustainable Infrastructure Capital, Inc.
- Commenced private offering of green senior unsecured notes; terms (principal, rate, maturity) not yet disclosed.
- Net proceeds to repay outstanding borrowings under unsecured credit facility and redeem 6.00% Senior Notes due 2025 (green bonds).
- Proceeds will be allocated to Eligible Green Projects per company's Green Bond Framework within two years.
- Notes guaranteed by several Company subsidiaries; offering subject to market conditions.