Momentus Securities was retained as Structuring Agent contributing to the execution, financial analysis and programmatic strategy to best utilize and manage the resulting bond proceeds and subsequent lending activity.  The Series 2024AB Bonds represent the first ever tax-exempt public debt for a national CDFI.

According to Ryan Carter, a Director at Momentus Securities, “BlueHub’s Series 2024A and Series 2024B Sustainability Bonds execution marks a step forward for CDFIs within the capital markets, tapping into the tax-exempt market for the first time. The transaction also furthers BlueHub’s mission and also allows its community borrowers to benefit from increasingly diverse sources of capital. As an investment bank focused on community impact, Momentus Securities is proud to have served BlueHub on this milestone transaction.”

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