Green Bond Fact Sheet
Hayward Unified School District

Date: 03 April 2019

Issue date: 20/03/2019 Maturity date: 01/08/2031 Tenor: 12.4
Issuer Name

Hayward Unified SchoolDistrict

Amount Issued

USD20mCountry of risk

USA

CBI Database

Included

Issuer Type1

Local government

Bond Type

MUNI

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

N/A

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☒ Energystorage/meters☒ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy
capture☐ Energy performance☐ Infrastructure☐ Industry: components ☐Adaptation & resilience

Use of Proceeds☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/waterefficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

The District will file annual updates regarding the use of proceeds of the Green Bonds
on the District’s website at https://www.husd.us/. Year-end updates related to thetotal amount of annual green bond project expenditures will be provided, until all of
the proceeds of the Green Bonds have been spent.

Company information

The District provides pre-school through adult learning education. The District isconnected to the surrounding East Bay and Silicon Valley. It serves about 21,000
students in 30 schools and employs more than 950 teachers.

Firsts, records andcertifications

BAM Green Star

Proceeds description

Implementation of a sustainable energy plan, including the installation of solar energy
systems at 33 schools within the District (approximately 7.7 million kWh annually,
offsetting approximately $2.6 million in utility costs). The District considers projects tobe “green projects” if they relate to renewable energy, energy efficiency, if they
reduce CO2 and other harmful emissions, and reflect adaptation to climate change.

Climate Bonds view

We are happy to see the use of green bonds to develop more climate-friendly
facilities. Given the Muni bond format, we hope other similar organisations follow
Hayward’s example in the US.

Underwriters

RBC

Deal comments
Credit Rating

A+ (S&P)

Pricing summary

Current coupon, Price: 5, 121.312

Investors summary
1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign