Missouri to Issue $609M of Road Bonds to Fund Transportation Projects

Deal Summary

The Missouri Department of Transportation announced that the Missouri Highways and Transportation Commission will issue $609 million of Series 2026A third‑lien state road bonds, slated to price next week and close on June 16. Proceeds will fund a five‑year rolling construction program for statewide transportation improvements. The bonds are rated Aa1 (Moody’s), AAA (Fitch) and AA+ (S&P) and are backed by motor‑fuel taxes and other revenues.