December 09, 2021

MARTA’s First Green Bonds Save Authority $62M

The Metropolitan Atlanta Rapid Transit Authority (MARTA) Board of Directors will refund $369.6 million of its Series 2014A and 2015A bonds, saving the Authority approximately $62 million over the life of the bonds and reducing MARTA’s debt expense by approximately $2.6 million per year. The new Series 2021D and 2021E  taxable bonds are Green Bonds verified by Kestrel, an independent verifier, confirming that the financed projects reduce harmful greenhouse gas emissions and provide access to clean transportation.