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Case Study: Massachusetts Development Finance Agency, Tax-Exempt Bonds


$106.7 Million Tax-Exempt Bonds, Series 2021A "Green Bonds", 2021B

HilltopSecurities served as underwriter to Massachusetts Development Finance Agency on its recent $106.7 million tax-exempt bonds issuance on behalf of Springfield College.

The Series 2021A Bonds received a Green Bond designation from Kestrel Verifiers, confirming that the bonds conform to the Green Bond Principles (2021) established by the International Capital Markets Association with regard to use of proceeds, process for project evaluation and selection, and management of proceeds and reporting.


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