Texas tollway developer to receive bond proceeds

12/1/2009 | Bond Buyer (free content), The

Private-activity bonds will help finance the $2 billion North Tarrant Express tollway project in the Dallas-Fort Worth area. Developers of the project will receive the proceeds of a $400 million bond issue later this month. North Tarrant Express Mobility Partners, the consortium building the Express, will use revenue from toll roads to repay the funds.

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Bond Buyer (free content), The

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