S&P Global Ratings' issuer credit rating (ICR) on the State of Missouri is 'AAA'. Our long-term rating on the state's appropriation-backed debt outstanding is 'AA+'. Our long-term rating on the Land Clearance for Redevelopment Authority's series 2021 annual appropriation revenue bonds (Enterprise Center project), backed by contractual payments of the state, is 'AA-'. The outlook is stable. An ICR reflects our view of the obligor's general creditworthiness based on our "U.S. State Ratings Methodology" criteria, published Oct. 17, 2016, on RatingsDirect, focusing on the state's capacity and willingness to meet financial commitments when they come due. The appropriation-backed debt reflects the application of our "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness" criteria, published Nov. 20, 2019, where
