High-Performance Transportation Enterprise - C-470 Express Lanes Project: Rating Report

On June 30, 2020, DBRS Limited (DBRS Morningstar) confirmed the ratings of the Senior Revenue Bonds and the TIFIA Loan issued under the Transportation Infrastructure Finance and Innovation Act program (TIFIA) to partially fund the Colorado 470 (C-470) express lanes project (the Project or the Road) of the Colorado Department of Transportation (CDOT) at BBB. All trends remain Stable.