October 15, 2021

The Bond Buyer: Hudson Yards rides upgrades into $452 million sale

The city-controlled Hudson Yards Infrastructure Corp.’s Series 2022A green bonds refund an outstanding 2012 bond that partially financed Hudson Yards development. The Subway Extension to be refinanced with the bonds is integral to sustainable urban development in the city. Kestrel Verifiers provided an external review on the green bonds, confirming alignment with Green Bond Principles under the eligible project category of Clean Transportation.