CHICAGO — The Illinois State Toll Highway Authority plans to issue $1 billion in toll-backed bonds in 2013, marking the agency's first borrowing to support its 15-year, $12 billion capital program.

The authority's board approved the issuance at its December meeting, along with a $1.5 billion budget for the year and an extension of its previous authorization to refund $572 million of its floating-rate bonds to a fixed-rate structure, board officials said.

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