Toronto funds climate action with 6th green bond

eAwazLocal News

 Toronto – The City of Toronto has issued a $100 million green bond to help finance transformative climate action projects with an all-in cost of 4.972 per cent. The transaction is a reopening of the green bond originally issued in November 2022 and brings the total to $400 million. This marks the sixth time the City has issued a green …

Toronto’s 2nd debenture of year issued to fund capital projects

eAwazLocal News

Toronto – The City of Toronto issued its debenture for $335 million to help finance key capital projects. This is the City’s second public debenture issuance this year. This conventional bond issue has an all-in cost of 4.329 per cent, a coupon interest rate of 4.25 per cent, and a 10-year maturity of July 11, 2033. The proceeds from this …

Funding strategic capital projects

eAwazLocal News

Toronto – The City of Toronto is reopening its debenture offerings for an additional $350 million conventional bond to help finance critical capital projects. This is the City’s first public debenture issuance this year. This conventional bond issue, which is a reopening of a debenture originally issued in May 2022, has an all-in cost of 4.504 per cent, a coupon …

Funding strategic capital projects

eAwazLocal News

Toronto  – City of Toronto issued its second debenture in 2022 for $365 million to help finance key capital projects 7. This debenture issuance has an all-in cost of 4.354 per cent. This conventional bond issue, with a 30-year maturity and a coupon interest rate of 4.30 per cent, will mature on June 1, 2052. It was issued on May …