HASI redeems $450M 8% notes using green debt

HASI redeems $450M 8% notes using green debt

Rhea-AI Filing Summary

Insights

FAQ

Filing Exhibits & Attachments

Positive

Negative

8-K Event Classification

What debt transaction did HASI report in this 8-K?

How did HASI fund the redemption of its 8.000% 2027 notes?

What are the key terms of HASI’s new green notes mentioned?

How does this debt move affect HASI’s interest costs?

What maturities does HASI have after this refinancing step?

HA Sustainable Infrastructure Capital, Inc. announced that it has redeemed all $450 million outstanding principal amount of its 8.000% senior notes due 2027.

Accepted by SEC EDGAR 03/03/2026 - 04:31 PM EST

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

HA Sustainable Infrastructure Capital, Inc. announced that it has redeemed all $450 million outstanding principal amount of its 8.000% senior notes due 2027.

The company funded this redemption using a portion of the proceeds from its recent issuances of $600 million of 7.125% green junior subordinated notes due 2056 and $400 million of 6.000% green senior unsecured notes due 2036, replacing higher-cost, shorter-maturity debt with longer-term green financing.

Refinancing of high-cost debt: The company redeemed $450 million of 8.000% senior notes due 2027 using proceeds from new 7.125% 2056 and 6.000% 2036 green notes, which lowers the coupon on this portion of debt and extends maturities.

None.

HASI refinances 8% 2027 notes with lower-coupon, longer-term green debt.

HA Sustainable Infrastructure Capital, Inc. fully redeemed $450 million of its 8.000% senior notes due 2027. The redemption was funded from proceeds of two recent green note issuances totaling $1.0 billion at coupons of 7.125% and 6.000% with maturities in 2056 and 2036.

This transaction replaces higher-coupon, nearer-term debt with lower-coupon, longer-dated instruments. That can reduce ongoing interest expense relative to the redeemed notes and pushes out significant maturities, which may strengthen the company’s liability profile.

Investors can look to future periodic reports for details on total debt levels, interest costs, and how this green financing mix supports the company’s sustainable infrastructure investment strategy over the terms to 2036 and 2056.

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

HA Sustainable Infrastructure Capital, Inc. redeemed all $450 million of its 8.000% senior notes due 2027. The company used proceeds from recently issued green notes to complete this full principal redemption.

The redemption was funded using a portion of proceeds from two recent green note issuances: $600 million of 7.125% green junior subordinated notes due 2056 and $400 million of 6.000% green senior unsecured notes due 2036.

HASI recently issued $600 million of 7.125% green junior subordinated notes maturing in 2056 and $400 million of 6.000% green senior unsecured notes maturing in 2036. These longer-term notes partially funded the redemption of the 8.000% 2027 notes.

The company redeemed 8.000% senior notes using proceeds from new notes carrying 7.125% and 6.000% coupons. Replacing 8.000% debt with lower-coupon instruments suggests reduced interest expense on that $450 million principal portion.

After this transaction, HASI has green junior subordinated notes due 2056 at 7.125% and green senior unsecured notes due 2036 at 6.000%. These longer maturities replace the redeemed 8.000% senior notes that were previously due in 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

March 3, 2026

HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware

001-35877

46-1347456

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer
Identification No.)

One Park Place, Suite 200

Annapolis, Maryland 21401

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (410) 571-9860

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class

Trading
Symbol(s)

Name of each exchange

on which registered

Common Stock, $0.01 par value per share

HASI

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01

Other Events.

On March 3, 2026, HA Sustainable Infrastructure Capital, Inc. (the “Company”) utilized a portion of the proceeds received from its recent issuances of $600 million aggregate principal amount of 7.125% green junior subordinated notes due 2056 and $400 million aggregate principal amount of 6.000% green senior unsecured notes due 2036 to redeem all $450 million outstanding principal amount of the Company’s 8.000% senior notes due 2027.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Source: View Original Filing on SEC EDGAR

3 documents

HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.

Dated: March 3, 2026

/s/ Steven L. Chuslo

Steven L. Chuslo

Executive Vice President and Chief Legal Officer