Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research

Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+'

Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research
Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+'
Published Oct 30, 2025
5 pages (2632 words) — Published Oct 30, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the Missouri Highways and Transportation Commission ?s (MHTC) $481.8 million series A 2025 state appropriations mega projects state road bonds. At the same time, we affirmed our ?AA+? long-term rating on MHTC?s state appropriations mega projects state road bonds outstanding. The outlook is stable. Pursuant to the master bond indenture, a first lien on revenue and funds deposited into the State Road Fund, subject to annual appropriation by Missouri?s legislature, secures the series A 2025 bonds and parity debt outstanding. Also securing the bonds is a subordinate lien pledge on state road fund revenue, state road bond fund revenue, and any additional transportation revenue available after the payment of Amendment 3

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to the Missouri Highways and Transportation Commission's (MHTC) $481.8 million series A 2025 state appropriations mega projects state road bonds....

  
Report Type:

Research Update

Issuer
Missouri
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+'" Oct 30, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Missouri-Highways-And-Transportation-Comm-s-Series-A-2025-State-Appropriations-Mega-Projects-Bonds-Rated-AA-3469466>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Missouri Highways And Transportation Comm.'s Series A 2025 State Appropriations Mega Projects Bonds Rated 'AA+' Oct 30, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Missouri-Highways-And-Transportation-Comm-s-Series-A-2025-State-Appropriations-Mega-Projects-Bonds-Rated-AA-3469466>
  
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