On April 17, 2018, DC Water successfully issued $300 million in tax-exempt, fixed rate bonds, which includes $100 million designated as (Series A) green bonds for Clean Rivers projects and $200 million in (Series B) bonds for general capital improvements. The all in total interest cost for the issuance was 3.90%.

The underwriters for this issuance were Goldman Sachs & Co. LLC, Barclays, BofA Merrill Lynch, J.P. Morgan, Loop Capital Markets, and Ramirez & Co.

Twenty-Third Supplemental Indenture of Trust

Series 2018 A (Green Bonds)/ B Preliminary Offering Statement

Moody's Green Bond (Series 2018A) Assesment