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FL/I-595 toll lanes concession does $1.6b+ financial close


Despite the forbidding financial climate some big projects seem to be going to financial close, though others are delayed. Florida's 595 Express successfully closed March 3, with simultaneous signings of nearly $800m of bank loans and $200m in equity in New York City, some $700m of TIFIA loans in Washington DC, and contract document signings at District 4 FDOT offices in Ft Lauderdale.

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