Alert: California is about to issue it’s first $200m green bond, the second US State to do so. + Massachusetts ups to $350m
Rating from Fitch’s is ‘A Stable’. Expected to close in a couple of weeks.
Also, Massachusetts has upped it’s green bond coming out next week from $250 to $350 million. Investor demand I guess.
Now can you guess which will be the third US State to issue a Green Muni? It’s in the works.
Yes, this means a US Green Muni market is readying for take-off.