Midpeninsula Regional to sell $50 million series 2018 green bonds

By Tali Rackner

Minneapolis, Jan. 25 – Midpeninsula Regional Open Space District said it expects to sell about $50 million of series 2018 general obligation green bonds on Thursday, according to a press release.

The bonds will be issued through a public sale and carry AAA ratings from both S&P Global Ratings and Fitch Ratings.

Settlement is expected to occur on Feb. 14.

Morgan Stanley & Co. LLC will serve as the underwriter.

The district is based in Los Altos, Calif.

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