HA Sustainable Infrastructure Capital (HASI) said Friday that it priced $1 billion in green senior unsecured notes, split between two tranches due in 2031 and 2034.
The investment company said the offering consists of $600 million in 6.15% notes maturing in 2031 and $400 million in 6.75% notes maturing in 2034.
HA Sustainable said it plans to use the net proceeds, estimated at $987.3 million, to support ongoing tender offers for some of its 2026 and 2027 notes, to repay borrowings under its credit facility or commercial paper program, and to invest in eligible green projects.
Settlement of the notes is slated for June 24, HA Sustainable said.
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