bonds

North Texas Tollway succeeds with longterm financing of 121 Tollway - sells $425m bonds at 5.99%


North Texas Tollway Authority (NTTA) have announced that they've succeeded in the completing the longterm financing of the $3.2b concession fee they paid Texas Department of Transportation for the 50 year right to toll the 28 mile (45km) section of SH121 north of Dallas now known as 121 Tollway. To make the $3,200m upfront payment to the state on the toll concession last November NTTA issued a set of short term bond anticipation notes (BANs) which are now expiring.
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PUBLIC ISSUE: Australian mutual fund boosts pikes


PUBLIC ISSUE: Australian mutual fund boosts pikes

Originally published in issue 22 of Tollroads Newsletter, which came out in Dec 1997.

Page:8

Subjects:tax treatment of bonds

Facilities:M2 M5 City Link Eastern Distributor

Agencies:Hills

Locations:Australia NSW Victoria Sydney Melbourne

Sources:James

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