Investor Relations

Bond Disclaimer

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$25,000,000.00
DISTRICT OF COLUMBIA WATER AND SEWER AUTHORITY
PUBLIC UTILITY SUBORDINATE LIEN MULTIMODAL REVENUE BOND, SERIES 2016B
(ENVIRONMENTAL IMPACT BONDS)

The proceeds of the bond will be used to construct green infrastructure practices designed to mimic natural processes to absorb and slow surges of stormwater during periods of heavy rainfall, reducing the incidence and volume of combined sewer overflows (CSOs) that pollute the District's waterways. CSO reduction has become an increasingly urgent environmental challenge as a result of climate change, which has increased the frequency and severity of intense rainfall events.

Goldman Sachs served as the Authority's senior manager, Public Financial Management served as the Financial Advisor, and Squire Patton Boggs LLP served as Bond Counsel). Harvard Kennedy School Government Performance Lab was the Technical Advisor and Quantified Ventures severed as the Pay for Success Transaction Coordinator.

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