Fitch Ratings last week changed its outlook on the New Jersey Turnpike Authority to stable from negative, citing recently approved toll increases that will help liquidity and fund needed capital improvements.

Fitch assigns its A rating to the turnpike. Moody’s Investors Service and Standard & Poor’s rate it A3 and A, respectively, both with a stable outlook. The NJTA has approximately $4.8 billion of outstanding debt.

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