Green Bond Fact SheetFYI Properties

Date: 13-Mar-2019

Issue date: 05-03-2019 Maturity date: 01-06-2039 Tenor: 20Issuer NameFYI Properties

Amount Issued

USD227.8m

Country of risk

USA

CBI Database

IncludedIssuer Type1

Local government

Bond TypeUS MuniGreen Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/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☐ Wastewatertreatment☐ 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☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

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

Issue details
ReportingCompany information

The issuer has not committed to any post-issuance reporting, as the proceeds of the bondwill be fully utilised for refinancing existing assets.
FYI Properties is a single-purpose entity created by the National Development Council(NDC) to finance, build and maintain a facility to house Washington State’s IT facilities. TheNDC was founded as a national non-profit in 1969. Its mission is to increase the flow ofcapital for investment in low-income communities by directing capital to support thedevelopment and preservation of affordable housing, the creation of jobs through training
and small business lending and the advancement of liveable communities throughinvestment in social infrastructure.

Firsts, records andcertifications
Proceeds description

The proceeds of the bond refinance a development located in the Washington State Capitol
Campus in Olympia, Washington. Completed in 2011, the project comprised the permitting,design, construction and furnishing of a six-story office block and associated three-story
conference and training wing, as well as a large data centre and a parking garage. The
entire project was certified under the US Green Building Council’s LEED scheme andreceived the Platinum rating.

Climate Bonds view

Issuers are strongly encouraged to set up clear tracking and reporting systems, as well as
seek for external reviews to comply with market best practice.
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., Citigroup Global
Markets Inc. and Morgan Stanley & Co. LLC

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

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