Connecticut prepares to price up to $60 million of green bonds

By Cristal Cody

Tupelo, Miss., Oct. 22 – The State of Connecticut plans its first green bonds offering to provide funding for up to $60 million of critical wastewater infrastructure projects through the state’s clean water program.

The green bonds offering will be included as part of a larger $300 million general obligation bond deal, according to a news release from state treasurer Denise L. Nappier.

The green bonds are expected to be issued in the next month, according to the release.

J.P. Morgan Securities LLC is the bookrunner.

The state’s clean water program provides complete financing for wastewater projects.

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