State Pitches School, Other Bond Sales to Investors Today

State leaders including outgoing Treasurer Steve Grossman, Governor-elect Charlie Baker, and Treasurer-elect Deb Goldberg today headlined the commonwealth’s fourth annual investor conference in Boston.

The conference is aimed at helping sell the state's bonds used to finance various capital infrastructure improvements such as roads, bridges, school building construction and water and sewer improvements. Haverhill, for example, will receive money from bond sales to pay for the replacement Hunking School project.

“Over the last four years we’ve proven again and again that Massachusetts is a pioneer in innovative finance practices such as the MassDirect Notes program, the offering of ‘green bonds’ and enhanced disclosure through our one-of-a-kind investor website,” said Grossman. “The annual investor conferences have been an opportunity to boost our consistent and transparent dialogue, encouraging investment in the Commonwealth.”

"Investors have financed billions of dollars of significant capital projects to improve the quality of life for residents across Massachusetts," Treasurer-elect Goldberg said. "As treasurer, I will continue to cultivate our partnerships and welcome new ideas from investors to help generate even greater achievements for the commonwealth."

Financial experts, the commonwealth and public authorizes met with retail and institutional investors from across the country to review their borrowing plans, showcase their current financial positions and discuss current economic topics of interest. Top officials from the state and its issuing authorities had the opportunity to highlight their strong economic footing while encouraging investors to consider their individual credits.

The investor conference was developed in 2011 as a part of an effort to ensure that the commonwealth’s investor communications and outreach remain strong in the municipal bond market. The conference, currently in its fourth year, will continue as an annual event positioning the Commonwealth as one of the most competitive places to invest and do business.

For more information on Massachusetts bonds visit massbondholder.com.