Hannon Armstrong prices $500 million green junior subordinated debt offering
HASI•Hannon Armstrong priced a $500 million green junior subordinated notes offering with a 7.85% coupon and maturity in 2057. Estimated net proceeds of $493.3 million will temporarily repay borrowings and support eligible green projects.
1. Offering details
Hannon Armstrong priced the $500 million offering on November 9, 2026. Settlement is expected on November 24, 2026. The company expects to use the estimated $493.3 million in net proceeds to temporarily repay borrowings, primarily under its Standalone Commercial Paper Program, while cash equal to the net proceeds will fund acquisitions, investments or refinancing of eligible green projects.
