Sound Transit Rolls Out New Transparency Initiative with BondLink
February 28, 2024
(SEATTLE, WA, February 28, 2024) – Sound Transit, the regional transit authority serving the Greater Seattle area, is proud to announce the launch of its cutting-edge investor relations program and website in collaboration with BondLink.
The debut of SoundTransitBonds.com marks a significant milestone in Sound Transit's commitment to transparency and engagement with both the investment community and broader municipal market.
This centralized platform offers stakeholders convenient access to a wealth of financial details, project updates, recent news, and insights into Sound Transit's past, present, and future initiatives.
John Henry, Chief Financial Officer at Sound Transit, expressed enthusiasm about the partnership with BondLink, stating, “Sound Transit is building the most ambitious transit expansion in the country, which is backed by our robust fiscal strategies. I am excited to work with BondLink to share our program with the investment community in a user-friendly platform. With BondLink, we look forward to providing necessary financial and fiscal information that tells the Sound Transit story.”
Colin MacNaught, CEO and co-founder of BondLink, congratulated Sound Transit on their launch, stating, "Other transit agencies have seen positive results by proactively engaging with investors just like this. We’re excited to work alongside Sound Transit and power this resource that will help them better engage the market.”
Sound Transit joins a growing roster of leading issuers utilizing investor relations platforms to enhance their capital programs. Notable entities leveraging similar initiatives include TriMet, Dallas Area Rapid Transit (DART), New Mexico Department of Transportation, Regional Transportation District, Utah Transit Authority, Washington Metropolitan Area Transit Authority, as well as the State of Oregon and King County, WA.
Sound Transit invites all market participants to explore all of the information on the new website and sign up for future alerts from the agency at SoundTransitBonds.com.
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About Sound Transit
With a mission to plan, build, and operate regional transit systems and services to improve mobility for the people and communities of the Puget Sound region, Sound Transit is dedicated to providing safe, reliable, and efficient transportation solutions. The Agency builds and operates regional transit service throughout the urban areas of Pierce, King and Snohomish Counties. Transit services include Link light rail; Sounder trains; ST Express Bus; Tacoma Link light rail; and soon, Bus Rapid Transit. Sound Transit is uniquely positioned amongst the nation’s transit agencies due to strong dedicated tax revenues from sales taxes and motor vehicle excise taxes.
About BondLink
BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, helps issuers engage more bond investors through transparency and actionable insights. Founded by CEO Colin MacNaught, who spent seven years issuing nearly $25 billion in bonds on behalf of the Commonwealth of Massachusetts, and CTO Carl Query, BondLink went live in 2016. BondLink clients issued more than $50 billion in bonds in 2023. BondLink provides its issuer clients with tools to manage their capital financing programs more efficiently while providing investors with the interim financial reports and data they need to close information gaps and make informed decisions through a single platform. The company is backed by top investors within the municipal bond market, including Intercontinental Exchange and Franklin Templeton. Headquartered in Boston, BondLink was recently named to the 2024 GovTech 100, marking its sixth consecutive appearance on the annual list.
BondLink Contact Information:
Colin Jacob
Director of Marketing
cjacob@bondlink.com