Credit Rating Report

Texas Transportation Commission - IH 35E Managed Lanes Project: Rating Report

Infrastructure

Summary

On June 20, 2024, Morningstar DBRS confirmed its credit rating on the 35.5-year $285 million revenue loan, which was issued under the Transportation Infrastructure Finance and Innovation Act program to fund part of the Texas Department of Transportation’s Interstate Highway 35 East Managed Lanes Project, at BBB (high) with a Stable trend.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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