DALLAS — Even with ratings at the low end of investment grade, Colorado’s E-470 Public Highway Authority sees an opportunity for favorable interest rates on a $105 million toll revenue bond refunding this week.

The authority, which built and operates a toll highway east of Denver, is not anticipating significant savings but is seeking flexibility as it restructures a portion of its $1.42 billion debt. The bonds will be split between Series A capital appreciation and Series B current refunding bonds.

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