The Metropolitan Washington Airports Authority won The Bond Buyer’s 2009 Deal of the Year award, presented last night, for its $963 million Dulles Toll Road revenue bond issue that helped raise an important part of the funding to pay for the extension of the Washington Metropolitan Area Transit Authority rail system to Dulles Airport.

“We felt this deal deserved recognition for its creativity in deciding to capture the revenue generated by an existing toll highway and using it to pay for an expansion of transit at a time when funding for such projects is harder and harder to identify,” said Amy B. Resnick, editor in chief of The Bond Buyer, who presented the award.

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