refinancing
NJ Turnpike paying Dennis Enright $200k to get out of auction rate bonds
Posted Sun, 2008-04-20 21:46
Dennis J Enright, the prominent apologist for state toll authorities in the debate on concessions vs public tolling is being paid $200k by the New Jersey Turnpike. Enright said this at a meeting of the New Jersey Turnpike Commission when a commissioner, Clive Cummins questioned the fees being paid for refinancing $400m of auction rate bonds.
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NTTA refinances $2.4b temporary borrowings for TX121 concession (UPDATE & ADD)
Posted Thu, 2008-03-06 16:33
North Texas Tollway Authority has successfully refinanced $2.4 billion of bond anticipation notes (BANs). The sale of bonds today was heavily oversubscribed. Over 60 institutions put orders in for $16b in NTTA bonds according to Bear Stearns who organized the placement.
NTTA chairman Paul Wageman said the result was "particularly gratifying" given recent turbulence in the municipal bond markets.
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407ETR issues $250m of 3 year notes at 4.5% in refinancing
Posted Tue, 2008-01-22 19:43
407 International, concessionaire on 407ETR in Toronto has issued $250m of Senior Notes at 4.5% as part of an ongoing refinancing of maturing medium term debt. The company owned by Cintra, Macquarie and SNC is refinancing $1.4b of medium term notes as they come due this year. RBC is leading the placement. (C$ treated as = US$)TOLLROADSnews 2008-01-22
Transurban to build Richmond Airport Connector in return for help with refinancing
Posted Fri, 2007-07-20 09:49
Transurban say they have reached an agreement with Virginia DOT and the Federal Highway Administration (FHWA) to build an approximate $45m Airport Connector spur off the Pocahontas Parkway (VA895) in Richmond in return for assistance in an advantageous $150m refinancing of the larger tollroad. 468 words read more »
RESTRUCTURING:Dulles Greenway Finances Righted
Posted Thu, 1999-05-13 10:06RESTRUCTURING:Dulles Greenway Finances Righted
Originally published in issue 39 of Tollroads Newsletter, which came out in May 1999.
Page:6
Subjects:profits marketing refinancing advertising
Facilities:Dulles Greenway
Agencies:TRIP II VDOT
Locations:Loudoun Co VA
SJ Hills/CA-73 Refinancing for Orange Co pike
Posted Tue, 1997-09-16 22:41SJ Hills/CA-73 1309 words read more »
