Texas Transportation Commission - IH 35E Managed Lanes Project: Rating Report
InfrastructureSummary
On June 29, 2020, DBRS Limited (DBRS Morningstar) confirmed its rating on the 35.5-year $285 million revenue loan (the TIFIA Loan), which was issued under the Transportation Infrastructure Finance and Innovation Act (TIFIA) program to fund part of the Texas Department of Transportation’s (TxDOT) Interstate Highway (IH) 35 East (35E) Managed Lanes (MLs) Project (the Project), at BBB (high) with a Stable trend.
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