DALLAS – With traffic running at about half the projected levels on the newly opened segment of the State Highway 130 toll road in Central Texas, Moody’s Investors Service is considering a downgrade on $1.1 billion of turnpike debt to non-investment grade.

The SH130 Concession Company LLC built and operates newly-opened southern half of the 89-mile tollway under a 50-year agreement with the Texas Transportation Commission. The concession company is a partnership of Spanish toll road developer Cintra and San Antonio-based Zachary Construction Corp.

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