News

CalSTRS goes green with muni bond debut

December 6, 2019

Includes “The public pension … is selling $281 million in tax-exempt municipal green bonds at a time when wealthy Californians are snapping up such debt to drive down their tax bills and when buyers are increasingly seeking investments intended to lessen the impact of climate change. … The pension … is using the bond proceeds for an expansion of the $246 billion fund's West Sacramento headquarters designed to meet high environmental standards …”

Read the full article on: Pensions & Investments

 
 
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