State of Rhode Island
Spring 2021 GO Bond Issuance
New Money Bonds - $135.9* million for projects, including:
- * K-12 School Buildings and Early Childhood Care and Education
- Affordable Housing
- Highway Improvement Program
- Environmental Projects (Coastal Resiliency, Wastewater Treatment Facility Resilience Projects, Stormwater Pollution, Brownfields Remediation, Dam Repair, Clean Water/Drinking Water Projects, Flood Control)
- $53.5* million of projects from the recently passed bond referendum
New Money Bond Structure
- * 2021 Series A (Tax-Exempt): $120.4* million with final maturity of 20 years
- 2021 Series B (Federally Taxable): $15.5* million with final maturity of 10 years
- Refunding of $80.7* million of outstanding G.O. Bonds to generate debt service savings
*Preliminary, subject to change. For more information, see the Preliminary Official Statement dated April 9, 2021.
