CHICAGO — The Illinois State Toll Highway Authority will sell $500 million of toll-backed revenue bonds next week in the agency's first market outing for a $12.1 billion, 15-year capital program that relies on $5 billion of new-money issuance.

The agency will return to the ranks of frequent new-money borrowers as the MOVE Illinois capital program — approved in August 2011 — kicks into high gear following the near completion of its previous $6 billion program. It wrapped up debt issuance for the prior program in 2009.

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