Green Bond Fact Sheet
City of Starkville

Date: 01-May-2019

Issue date: 01-May-2019 Maturity date: 01-May-2039 Tenor: 20 years
Issuer NameCity of StarkvilleAmount Issued

USD10mCountry of risk

USA

CBI Database

IncludedIssuer Type1

Local Government

Bond TypeUS MuniGreen Bond Framework

No

Second party opinion

No

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☐ 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☒ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ 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/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

For projects under construction, the bond obligor has agreed to furnish annual information toBAM on the status of the project until completion, which will be reflected in the BAM Credit
Profile for the Series 2019 Bonds.

Company information

With around 25,000 people, the City of Starkville is most populous city of the Golden Triangle
region of Mississippi. The Municipality owns their combined waterworks, water supply,
sewage, and sewage disposal system.

Firsts, records andcertifications

BAM GreenStar

Proceeds description

Climate Bonds view

Proceeds will be dedicated to funds used to account for water and sewer services provided toresidents of the Municipality and some residents outside the incorporated area of theMunicipality.
BAM GreenStar has been increasingly providing third party assurance for bonds issued byentities active in the water and wastewater segments in USA. This is certainly welcome,
especially considering that BAM GreenStar is also an approved verifier by CBI. A wider use ofBAM GreenStar, if conjugated with the highest disclosure standards for green bonds, could
increase the attention of US Municipalities towards Climate Bonds’ Certification Scheme.

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