Toll revenue bonds

The Illinois State Toll Highway Authority plans $600 million of borrowing next month and $500 million next year as its 15-year-old capital program remains in full speed ahead mode.

The $1.27 billion Ohio River Crossing toll bridge between Kentucky and Evansville, Indiana, will bring new jobs and boost the region's economy, officials say.

The authority's officials have adjusted to the hit from COVID-19 through toll hikes, capital plan reductions and lines of credit.

The MTA budgets 16 months for environmental review of the tolling project for Manhattan's central business district.

Voters in Texas' most populous county approved the flood control bonds after the devastation of Hurricane Harvey, but matching funds have been slow to arrive.

Toll roads suffered tremendously from dips in traffic associated with the COVID-19 pandemic.

“Our net present value savings were $191.5 million or a record-setting 29%," said North Texas Tollway Authority Chief Financial Officer Horatio Porter.

The North Texas Tollway Authority will sell a mix of taxable first-tier and tax-exempt second-tier bonds in the refunding transaction.

S&P Global Ratings lifted its outlook for the North Texas Tollway Authority as it prepares to refund $850 million of debt.

With a traffic rebound in the offing, the Austin-based Central Texas Regional Mobility Authority's $510 million of bonds and notes were 20 times oversubscribed.

BATA brings a refunding deal to market next week, buoyed by a financial position that stood up to the stresses of the COVID-19 pandemic.

The Foothill-Eastern toll road authority in California made a tender offer ahead of a planned sale, and exchanged the bulk of the debt it wanted to refund.

The Foothill-Eastern Transportation Corridor Agency in California has slated a tender offering exchange for Jan. 21 ahead of a Jan. 25 advance refunding.

The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.

The legal wrangling over whether the state can control expressways in Miami-Dade County is expected to rage on well into 2021.

The LBJ Infrastructure Group, operator of managed lanes on a Dallas highway, will sell $1.2 billion of bonds through a conduit issuer.

Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads.

Skanska and its Elizabeth River Crossings partner, Macquarie Infrastructure Partners, will sell the concession to an Abertis Infraestructuras S.A.-led venture.

The Hampton Roads Bridge-Tunnel expansion is a "tailor-made" stimulus that will help offset the pandemic-spurred downturn, infrastructure experts say.

Traffic is recovering at the Illinois State Toll Highway Authority, which is planning $600 million of new borrowing for its 2021 capital plan.