Bonds

Bond Offering

SRF 2026 Series A (Tax-Exempt Green Bonds) & SRF 2026 Series B (Taxable Green Bonds)

SRF 2026 Series A (Tax-Exempt Green Bonds) & SRF 2026 Series B (Taxable Green Bonds)

SRF 2026 Series A (Tax-Exempt Green Bonds)
Par Amount
$251,105,000
Tax Status
Tax-Exempt
Sale Date
04/29/2026
Sector
State / Province
State
Iowa
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
05/14/2026
Call Features
10-year balloon structure. See POS for details (POS will be available around 4.21.26).
SRF 2026 Series B (Taxable Green Bonds)
Par Amount
$29,140,000
Tax Status
Taxable
Sale Date
04/29/2026
Sector
State / Province
State
Iowa
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
05/14/2026
Call Features
Various Serial Maturities. See POS for details (POS will be available around 4.21.26).

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Apr 2026
Rating Report
S&P
AAA
Outlook
Stable
Date
Apr 2026
Rating Report
Fitch
AAA
Outlook
Stable
Date
Apr 2026
Rating Report

Lead Senior Manager

Bank of America Securities

Co-Senior Manager

Morgan Stanley

Co-Manager

RBC Capital Markets
Piper Sandler
Ramirez & Co., Inc.

Selling Group

Fidelity Investments
TD Securities
D.A. Davidson & Co.