CHICAGO - The Regional Transportation Authority of Illinois in coming weeks will convert $133 million of high interest-rate variable-rate securities to a new, more affordable mode and enter the market to raise $260 million for cash flow as the agency grapples with dwindling sales taxes and state payment delays.

While the General Assembly's passage of a $29 billion capital program gave the authority cause for celebration this spring, it was short-lived as the fiscal strains driving the cash-flow borrowing prompted downgrades from two rating agencies.

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