TITLE

Fitch: Leasing of Toll Roads Can Be a Double-Edged Sword

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the risks facing state and local governments on the sale of long-term leases on toll roads to private corporations in the United States. State and local governments will have to consider credit factors including assessing the value of the road, the pace at which tolls are allowed to increase and the length of concession according to a report from Fitch Ratings.
ACCESSION #
20282120

 

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