DALLAS - Amid market upheaval and presidential warnings of a Wall Street panic, the North Texas Tollway Authority yesterday closed on $609 million of system revenue bonds as it exited a swap agreement with the defunct Lehman Brothers Derivative Products on a previous deal.

The NTTA, developing an ambitious series of toll projects in the Dallas-Fort Worth area, this year has issued a record amount of debt to finance the State Highway 121 project and must still price about $300 million of bonds before the end of November.

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