Green Bond Fact Sheet

Rolling Creek Utility District

Date: 19-Feb-2019

Issue date: 01-Feb-2019 Maturity date: 01-Sep-2039 Tenor: 20Issuer Name

Rolling Creek UtilityDistrict

Amount Issued

USD7m

Country of risk

USA

CBI Database

Included

Issuer Type1

Local government

Bond TypeUS MuniGreen Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

BAM GreenStar

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

Rolling Creek Utility District, a political subdivision of the State of Texas, was created by an
Act of the 62nd Legislature of the State of Texas, Regular Session, 1971. The District
contains approximately 552.14 acres of land. The District is located entirely within theextraterritorial jurisdiction of the City of Houston, Texas, approximately 21 miles northwestof the central business district of Houston. (source)Firsts, records andcertifications
Proceeds description

The deal is labelled as “Unlimited Tax Bonds, Series 2019”. Proceeds are expected
to be allocated to financing water and wastewater treatment projects and drainage
facilities.

Climate Bonds view

The bond has not explicitly been labelled as green by the issuer, but we haveaccepted the BAM GreenStar designation as a sufficient label, as well as an
assurance that the use of proceeds align with the Green Bond Principles. TheGreenStar designation provides a high-level assurance, but without disclosing thedetails of the selection process of eligible projects, management of proceeds andreporting practices. We strongly encourage issuers to make this information
publicly available to comply with best practice transparency standards.

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