Bonds

Bond Offering

State Revolving Fund Program Bonds, Series 2025D (Green Bonds)*

State Revolving Fund Program Bonds, Series 2025D (Green Bonds)*

Par Amount
$236,490,000
Tax Status
Tax-Exempt
Sale Date
10/14/2025
Sector
State / Province
State
Indiana
Bond Type
Fixed Rate
Method of Sale
Competitive
Closing Date
11/04/2025
Call Features
Optional Redemption. The Series 2025D Bonds maturing on or after February 1, 2036 are subject to optional redemption prior to maturity in the principal amount and maturity or maturities selected by the Finance Authority, and within any single maturity by lot in such manner as may be determined by the Primary Bond Trustee, in whole or in part at any time on or after February 1, 2035, at a redemption price of 100% of the principal amount of the Series 2025D Bonds to be redeemed, plus accrued and unpaid interest to the redemption date.

Additional Information

*Preliminary and subject to change

Bond Offering Ratings

S&P
AAA
Outlook
Stable
Date
Oct 2025
Fitch
AAA
Outlook
Stable
Date
Oct 2025

Municipal Advisor

PFM Financial Advisors

Bond Counsel

Bose McKinney & Evans LLP