The Missouri State Highways & Transportation Commission, established in 1974 and based in Jefferson City, Missouri, is dedicated to overseeing the planning, construction, and maintenance of the state's transportation infrastructure. The Commission is primarily responsible for managing the Missouri highway system and ensuring efficient transportation services for its residents.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Commission has been active in issuing bonds since its inception, with a notable issuance of general obligation bonds in 1996 to fund major highway projects. More recently, their bond offerings included a $250 million issuance in 2021, aimed at enhancing road safety and infrastructure, which garnered significant investor interest due to its robust backing and competitive yields. As of now, the yields on Missouri’s bonds remain favorable when compared to industry averages, reflecting the Commission's strong credit quality and strategic focus on long-term infrastructure improvements.