debt
confidence high
sentiment neutral
materiality 0.50
HASI issues additional $300M 6.375% green notes due 2034 at 99.867%
HA Sustainable Infrastructure Capital, Inc.
- Issued $300M aggregate principal of 6.375% green senior unsecured notes due 2034 (additional notes).
- Priced at 99.867% of principal with reoffer yield of 6.393%; form part of same series as existing notes.
- Net proceeds to temporarily repay outstanding borrowings under credit facility and commercial paper program.
- Company will use cash equal to net proceeds to acquire, invest in, or refinance eligible green projects.
- Entered registration rights agreement; exchange offer registration statement target effective by June 30, 2025.