Texas Transportation Commission - IH 35E Managed Lanes Project: Credit Rating Report
InfrastructureSummary
DBRS Limited (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 (I) 35 East Managed Lanes Project (the Project), at BBB (high) with a Stable trend. The Project corridor is approximately 28 miles, of which the MLs are approximately 17 miles.
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