Enviva prices $100 million in tax-exempt green bonds

Bethesda, md.--( business wire )--enviva inc. (nyse: eva) (“enviva” or the “company”) today announced that it has priced $100,000,000 of bonds in the u.s. tax-exempt market (the “bonds” or the “tax-exempt green bonds” and such offering, the “offering”) through the mississippi business finance corporation (the “issuer”). the tax-exempt green bonds will bear interest at an annual rate of 7.75% and mature in 2047, with the option for holders to redeem at par in 2032. enviva and the issuer expect to close the transaction on or about november 22, 2022, subject to customary closing conditions.
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