HASI issues $600 million of 7.125% green junior subordinated notes due 2056
HA Sustainable Infrastructure Capital issued $600 million of 7.125% Green Junior Subordinated Notes due 2056 on February 27, 2026. The company plans to use the proceeds to temporarily repay revolver or commercial paper borrowings, or to redeem part or all of its 8.00% Senior Notes due 2027, and to fund eligible green projects. The notes are junior to the company's senior debt, and the coupon resets after November 15, 2031.
Key points
- Issued $600 million principal amount on February 27, 2026, at 7.125% through November 15, 2031
- After the First Reset Date, the rate resets to the five-year U.S. Treasury rate plus 3.478%, with a floor of 7.125%
- Interest is payable semi-annually from May 15, 2026, and may be deferred, with deferred interest accruing additional interest
- Proceeds may repay revolving credit or commercial paper borrowings or redeem the 8.00% Senior Notes due 2027
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 February 27, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.