October 05, 2021

The Bond Buyer: Charter school fund to price ‘social’ deal

The Equitable Facilities Fund is issuing a third Social Bond. The bond finances low-cost loans to high-performing charter schools in underserved and vulnerable communities, and conforms with ICMA’s Social Bond Principles as verified by Kestrel. This will be the largest third-party verified social bond issuance in the education sector.