CHICAGO — The Illinois State Toll Highway Authority will head into the market this fall with the sale of up to $300 million of toll-backed revenue bonds in a deal that will mark the final financing planned for its five-year-old $6 billion capital program.

The authority’s board late last week signed off on the transaction and the team selected to underwrite the deal. ­JPMorgan and Loop Capital Markets LLC are senior managers. The team was compiled from a new list of 12 qualified senior managers and 14 co-managers, although senior managers may also serve as co-managers.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.