Every 424B that HA Sustainable Infrastructure Capital, Inc. (HASI) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow HASI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HASI filings page.
HA Sustainable Infrastructure Capital, Inc. (HASI) is conducting an exchange offer to swap up to $1.0 billion aggregate principal amount of registered 5.950% Green Senior Unsecured Notes due 2033 for an equal amount of its outstanding unregistered 5.950% Green Senior Unsecured Notes due 2033 issued under Rule 144A/Reg S. The exchange offer expires at 5:00 p.m. New York City time on September 16, 2026, unless extended, and HASI will not receive any cash proceeds; exchanged Original Notes will be retired.
The Exchange Notes are substantially identical to the Original Notes but are registered under the Securities Act, free of transfer restrictions and registration-rights–related additional interest provisions, and carry a new CUSIP. They are senior unsecured obligations of HASI, bearing 5.950% interest and maturing on July 15, 2033, with semi-annual payments on January 15 and July 15. The Notes are fully and unconditionally guaranteed on a senior unsecured, joint-and-several basis by specified HASI subsidiaries but are effectively subordinated to secured debt and to liabilities of non-guarantor subsidiaries.
As of June 30, 2026, HASI reports $17 billion of Managed Assets and about $5.9 billion of total consolidated indebtedness, including multiple series of senior and junior subordinated notes, term loans, and green commercial paper programs. The company discloses risks related to leverage, structural subordination, change-of-control repurchase obligations and the absence of an active trading market for the Exchange Notes.
HA Sustainable Infrastructure Capital, Inc. is offering $400,000,000 of 6.000% Green Senior Unsecured Notes due 2036. The Notes bear interest at 6.000% per annum, payable semi‑annually on March 15 and September 15 beginning September 15, 2026, and mature on March 15, 2036.
Proceeds (estimated net proceeds approximately $395.5 million) are intended to be used to temporarily repay borrowings under the Unsecured Credit Facility, repay commercial paper borrowings, or redeem some or all of the outstanding 8.00% Senior Notes due 2027, and cash equal to proceeds will be allocated to Eligible Green Projects in accordance with the Green Bond Framework.
The Notes will be unsecured, guaranteed initially by specified Guarantors, rank pari passu with existing senior unsecured indebtedness and will be effectively subordinated to secured indebtedness and liabilities of non‑guarantor subsidiaries.
HA Sustainable Infrastructure Capital, Inc. is offering $600,000,000 aggregate principal amount of 7.125% Green Junior Subordinated Notes due 2056, with an expected original issuance date of February 27, 2026. Interest will accrue at 7.125% through the first reset date of November 15, 2031 and thereafter will reset each reset period to the Five‑year U.S. Treasury Rate plus 3.478%, but will never reset below 7.125%.
The Notes will be junior and subordinated to the Issuer’s and Guarantors’ senior indebtedness and will be guaranteed initially by the Guarantors only; Guarantees may terminate automatically under specified circumstances. The Issuer may defer interest payments for up to 10 consecutive years per deferral period, and intends to use net proceeds (approximately $592.2 million after fees) to temporarily repay borrowings under credit/commercial paper facilities or to redeem outstanding 2027 Senior Notes and to fund Eligible Green Projects consistent with its Green Bond Framework.
HA Sustainable Infrastructure Capital, Inc. is offering Green Senior Unsecured Notes under a preliminary prospectus supplement dated February 19, 2026. Proceeds are intended to be used to temporarily repay borrowings under its unsecured credit facility or commercial paper programs or to redeem a portion or all of its 2027 Senior Notes, and cash equal to net proceeds will be allocated to acquire, invest in or refinance Eligible Green Projects as defined in the Green Bond Framework. The company reported $16.1 billion of Managed Assets as of December 31, 2025 and $362 million of Adjusted Recurring Net Investment Income for the year ended December 31, 2025. The Notes will be senior unsecured obligations, initially guaranteed by specified subsidiaries, unsecured and not listed on an exchange.
HA Sustainable Infrastructure Capital, Inc. is offering Green Junior Subordinated Notes due 20__. The Notes will bear an initial fixed interest rate until a First Reset Date, then reset to a Five-year U.S. Treasury Rate plus a spread with a stated floor; the issuer may defer interest for up to 10 years per deferral period. The Notes will be unsecured, subordinated and guaranteed initially by certain Guarantors but may be released under specified conditions. Net proceeds are intended to temporarily repay portions of credit facilities or commercial paper or to redeem 2027 Senior Notes and to be allocated to Eligible Green Projects reported using CarbonCount® and third-party assurance.
HA Sustainable Infrastructure Capital, Inc. is offering $500,000,000 of 8.000% Green Junior Subordinated Notes due 2056. The Notes pay 8.000% interest annually from November 20, 2025 to June 1, 2031, then reset every five years to the Five-year U.S. Treasury Rate plus 4.301%, with a floor at 8.000%. They mature on June 1, 2056 and are junior to all existing and future senior indebtedness and effectively junior to non‑guarantor subsidiary debt. The company may defer interest for up to 10 consecutive years per deferral period, during which unpaid interest compounds, and may redeem the Notes starting 90 days before the first reset date and on any interest payment date thereafter. Estimated net proceeds of about $493.3 million will repay unsecured credit facility or commercial paper borrowings, with an amount equal to the proceeds earmarked for U.S. “Eligible Green Projects” such as renewable energy, energy efficiency, RNG, clean transportation and ecological restoration. The Notes will not be listed on any securities exchange.
HA Sustainable Infrastructure Capital, Inc. (HASI) is offering Green Junior Subordinated Notes via a preliminary prospectus supplement. The Notes pay a fixed rate to the first reset date, then reset every five years at the Five-year U.S. Treasury Rate plus a spread, with a floor equal to the initial rate. The issuer may redeem the Notes beginning 90 days before the first reset date and, thereafter, on interest payment dates.
HASI may defer interest for up to 10 consecutive years per period; deferred amounts accrue interest. The Notes are subordinated to senior indebtedness and initially guaranteed by specified subsidiaries, with automatic release features under certain conditions. Proceeds will temporarily repay borrowings under the unsecured credit facility or commercial paper programs, and cash equal to the net proceeds will be allocated to Eligible Green Projects. The Notes will not be listed and will be issued in $2,000 minimum denominations. As of September 30, 2025, total consolidated indebtedness was $5.2 billion.