Skyway Bids Sought

Shields, Yvette
May 2004
Bond Buyer;5/26/2004, Vol. 348 Issue 31892, p31
Trade Publication
Reports that Chicago, Illinois has qualified five business groups to submit bids to operate the city-run Chicago Skyway toll road, a plan devised to raise revenue to retire $400 million of outstanding toll-backed bonds, defease other debt, and build the city's ending cash balance. Contract to last roughly 50 years; City working with financial advisers Goldman, Sachs & Co. and Loop Capital Markets Inc.


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