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Published on 9/19/2019 in the Prospect News Green Finance Daily.

New Issue: Conservation Fund prices $150 million 3.474% green bonds due 2029

By Wendy Van Sickle

Columbus, Ohio, Sept. 19 – Conservation Fund priced $150 million of 3.474% green bonds due Dec. 15, 2029, according to a press release.

Goldman Sachs & Co. LLC is the underwriter.

Proceeds from the green bonds will be used primarily to increase the scale of the funds “Working Forest Fund” conservation initiative.

The conservation-focused nonprofit is based in Arlington, Va.

Issuer:Conservation Fund
Issue:Green bonds
Amount:$150 million
Maturity:Dec. 15, 2029
Underwriter:Goldman Sachs & Co. LLC
Yield:3.474%
Announcement date:Sept. 19
Settlement date:Sept. 26

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