Fitch Issues Presale Report on Upcoming I-66 Project in Virginia

By: | at 09:05 AM

Fitch Ratings has published a presale report on the Virginia Small Business Financing Authority’s debt issuance on behalf of I-66 Express Mobility Partners, LLC. Fitch expects to assign a ‘BBB’ rating to the proposed debt described below:

  • $737 million senior private activity bonds (PABs);
  • $1.2 billion subordinate TIFIA Loan (TIFIA).

The bonds are expected to sell next month. Additional details are available in a press release published earlier this week (‘Fitch Expects to Rate I-66 Express Mobility Partners’ TIFIA Loan & PABs ‘BBB(EXP)’; Outlook Stable’).


Be the first to comment on this article!

To avoid Spammers, we ask that you log in using your account. Free accounts have access to commenting.

Did you forget your password?

It happens...