(PORTLAND, OR, December 18, 2023 ) – The Tri-County Metropolitan Transportation District of Oregon (TriMet), today announced the launch of its state-of-the-art investor relations program and website in partnership with BondLink.
The newly launched TriMetBonds.com now enables TriMet to more effectively communicate with both the investment community and broader municipal market via one streamlined channel. It offers comprehensive access to organized financial documents, robust project updates, recent news, and additional information about the top-rated agency.
In recognition of the growing importance of environmental disclosures, investors will also find a dedicated section on the website detailing TriMet's commitment to sustainable practices and its impact on the community.
The initiative aligns with TriMet's ongoing efforts to enhance stakeholder engagement and provide a robust information hub for current and prospective investors.
“Other transit agencies have seen positive results by proactively engaging with investors. BondLink helps give issuers a platform to tell their story and we're excited to work with TriMet to help them do so,” said Colin MacNaught, CEO and co-founder of BondLink.
TriMet joins a growing list of established issuers leveraging investor relations platforms to benefit their capital programs. Noteworthy entities that employ similar initiatives include Dallas Area Rapid Transit (DART), New Mexico Department of Transportation, Regional Transportation District, Utah Transit Authority, Washington Metropolitan Area Transit Authority, along with the State of Oregon and King County, WA.
Nancy Young-Oliver, Chief Financial Officer at TriMet, expressed optimism about the benefit such a service as BondLink provides in linking investors with transit agencies, stating, "TriMet connects people to jobs, services, recreation and other opportunities. Strategically engaging investors allows us to showcase our transportation service and vision for the future while underscoring TriMet’s longstanding commitment to financial transparency.”
TriMet invites market participants to explore the new website and sign up for future financial alerts from the agency at TriMetBonds.com.
TriMet was created by the State of Oregon to serve over 1.58 million people in a 533 square-mile area across three counties in Oregon. The agency provides bus, light rail (MAX), commuter rail (WES) and paratransit (LIFT) services in sections of Multnomah, Washington, and Clackamas counties. TriMet’s transportation options connect people with their community, while easing traffic congestion and reducing air pollution — making the greater Portland, Oregon metropolitan region a better place to live. Learn more at trimet.org.
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 $48 billion in bonds in 2022. 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 2023 GovTech 100, marking its fifth consecutive appearance on the annual list.
BondLink Contact Information:
Director of Marketing