AI brief of an SEC Form 8-K · Hannon Armstrong Sustainable Infrastructure Capital (HASI)

HASI issues $500 million of 8.000% green junior subordinated notes due 2056

Neutral Impact 3 of 5 financing Written later

HA Sustainable Infrastructure Capital issued $500 million of 8.000% Green Junior Subordinated Notes due 2056 on November 20, 2025. The company says it will use the net proceeds to temporarily repay revolving credit facility or commercial paper borrowings and then to fund eligible green projects, and the notes rank junior to its senior debt.

Key points

  • Principal amount: $500 million; fixed 8.000% interest until June 1, 2031, then resets to the five-year U.S. Treasury rate plus 4.301%, with a floor of 8.000%
  • Interest is payable semi-annually on June 1 and December 1, starting June 1, 2026, and the company may defer interest payments under the indenture
  • Notes are subordinate to all existing and future senior indebtedness; the company may redeem at 100% of principal from 90 days before June 1, 2031 or at 102% after a Rating Agency Event

The filing

CompanyHannon Armstrong Sustainable Infrastructure Capital (HASI)
Form8-K, current report
Filed with the SECNov 20, 2025, 5:11 PM ET
Accession number0001193125-25-290008

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 20, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.