The Massachusetts Turnpike Authority may file suit against companies involved in five floating-to-fixed-rate swaps with UBS Securities LLC that, if terminated, would cost the agency roughly $435 million.

MassPike last week issued a request for proposals for legal services. Duties include "advising the authority on the viability of any potential causes of action against the swap counterparty, financial adviser, insurer, rating agencies, and/or other responsible parties, associated with five floating-to-fixed rate swap agreements entered into by the authority in May 2001," according to the RFP. Responses are due by 3 p.m. Eastern Standard Time on Feb. 20.

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