Enviva announces tax-exempt green bond offering

Bethesda, md.--( business wire )--enviva inc. (nyse: eva) (“enviva,” the “company,” or the “borrower”) today announced that the mississippi business finance corporation (the “issuer”), intends to issue its exempt facilities revenue bonds (enviva inc. project), series 2022 (green bonds) (the “bonds” and such offering, the “tax-exempt green bond offering” or the “offering”) in the aggregate principal amount of $100,000,000 (preliminary and subject to change). the proceeds of the offering will be loaned to enviva pursuant to a loan and guaranty agreement (the “loan agreement”) to fund a portion of the costs of acquiring, constructing, equipping, and financing enviva's wood pellet production plant to be located near bond, mississippi and certain related costs thereto, and to pay costs and expenses of the offering.
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