Page 22 THE EVERETT ADVOCATE–Friday, November 1, 2019 Treasurer Goldberg announces sale results of Clean Water Trust Green Bonds T he State Treasurer’s Office recently announced that the Massachusetts Clean Water Trust has successfully completed the sale of approximately $191.6 million in new money Green Bonds, bringing the total amount of Green Bonds issued by the Trust to over $1 billion. The sale achieved a true interest cost of 2.505 percent with maturities ranging through 2020-2039. The Series 22 Green Bonds (AAA/Aaa/AAA) were sold to retail investors on October 16 with an institutional investor order period on October 17. The sale saw strong retail participation, with 143 unique orders from retail investors. The sale also saw strong participation from Massachusetts investors, which comprised $45.9 million of the total $191.6 million sold. The proceeds from the Green Bond sale and Trust program funds will finance $332.9 million in low interest loans to 48 different borrowers throughout the Commonwealth, including $52.5 million to the Massachusetts Water Resources Authority, which serves 61 communities in and around the metro Boston area. These loans will go to fund projects that assist communities with adhering to the federal Clean Water and Safe Drinking Water Acts with the goal of proGOLDBERG | SEE PAGE 23 tecting the environment and public health. “This sale demonstrates the strong demand that exists for the Trust’s AAA bonds and the support for the important infrastructure projects that they finance,” said Massachusetts Treasurer Deborah Goldberg, who is Chair of the Trust. Monogram D4 Double siding Cedar impression half rounds Harvey Vinyl 60 Replacement Windows Custom Aluminum Trim work Windows & Doors Top quality Vinyl Siding! •Vinyl Siding •Carpentry Work •Decks •Roofing •Free Estimates •Replacement Windows •Fully Licensed •Fully Insured
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