(SACRAMENTO, CA, November 9, 2023) — The California Pollution Control Financing Authority (“CPCFA”) today announced the debut of CPCFAbonds.com, a newly developed investor relations website. In partnership with BondLink, CPCFA has crafted this website as a hub for citizens, existing bondholders, private companies, and potential investors to access comprehensive financial reports and updates related to their conduit activity.
CPCFA, as a part of the State Treasurer's Office, recognizes the importance of providing a centralized and controlled source of information for their capital programs. CPCFA plays a significant role within the State’s environmental and financial landscape, and this innovative platform can scalably satisfy the large interest in their mission-driven programs.
“CPCFA is a critical part of California’s work to make our communities cleaner and more sustainable,” said Treasurer Ma. “This website will help CPCFA gain visibility among bond issuers and investors, and give all Californians and stakeholders an easy-to-access, single source for information about their conduit services for solid waste, recycling, and water-related projects.”
“Being transparent about our goals, the finances to help us achieve them, and our results is incredibly important,” stated Shela Tobias-Daniel, Executive Director CPCFA. “We’re steadfast in our commitment to creating a cleaner, greener California that’s ready for the future, and our new partnership with BondLink will empower us to access capital more effectively for our initiatives.”
To navigate today’s heightened market volatility, an expanding number of proactive and forward-thinking issuers have embraced similar investor relations strategies with BondLink. These include the State of California, County of Sacramento, San Francisco Public Utilities Commission, West Basin Municipal Water, Los Angeles County, University of California, and the California Department of Water Resources.
Colin MacNaught, CEO and Co-Founder of BondLink, shared his enthusiasm for the partnership, stating, "The Authority has done incredible work for over 50 years. We’re proud to help modernize their investor engagement and support them as they continue contributing to valuable causes across the State.”
For further details aboutCPCFA’s programs, upcoming bond sales, and historical financials, please visit CPCFAbonds.com. Investors are encouraged to sign up for updates to stay in the know.
About the California Pollution Control Financing Authority
Created in 1972, the California Pollution Control Financing Authority’s original purpose was to provide access to the tax-exempt bond market for private companies serving a public purpose in the pollution control sector. Over the years CPCFA has evolved to provide businesses access to capital from a variety of sources and through a variety of financing mechanisms. As a “conduit issuer” of tax-exempt private activity bonds, CPCFA is able to facilitate low cost financing to qualified solid waste and recycling projects, as well as water furnishing and wastewater projects. Examples of recent assistance include projects to purchase clean-air vehicles by waste companies, construct and operate anaerobic digesters, recycle used oil, convert animal waste to clean burning fuel, and develop construction and demolition debris recycling programs. Bonds issued under this division shall, whenever practical, be aligned with generally recognized principles and best practice guidelines for financing climate mitigation, adaptation or resilience projects.
BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, helps issuers engage more bond investors through transparency and actionable insights. Founded by CEO Colin MacNaught, who spent seven years issuing nearly $25 billion in bonds on behalf of the Commonwealth of Massachusetts, and CTO Carl Query, BondLink went live in 2016. BondLink clients issued more than $48 billion in bonds in 2022. BondLink provides its issuer clients with tools to manage their capital financing programs more efficiently while providing investors with the interim financial reports and data they need to close information gaps and make informed decisions through a single platform. The company is backed by top investors within the municipal bond market, including Intercontinental Exchange and Franklin Templeton. Headquartered in Boston, BondLink was recently named to the 2023 GovTech 100, marking its fifth consecutive appearance on the annual list.
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