On June 11, 2026, South Coast British Columbia Transportation Authority (“TransLink”) issued $300 Million 3.85% green bonds due December 1, 2035. This represented the first green bond issuance under TransLink’s updated green bond framework and sustainability framework to further TransLink’s mission to connect the Metro Vancouver region and enhance its liability by providing a sustainable transportation network. Net proceeds from green bond issuances are used to finance or refinance, in whole or in part, existing and ongoing capital projects that provide environmental benefits to TransLink and the region, including projects in the clean transportation, low carbon energy, energy efficiency and climate change adaptation categories.

Farris has assisted TransLink in issuing over $2 billion in green bonds since 2018, and a total of over $4 billion in bonds since assisting TransLink with establishing their direct capital borrowing program in 2010.

TransLink was represented by a Farris transaction team including partner David Selley and associate Doris Wang.