New Jersey Looks Into Privatizing 'Main Street'

April 2006
Bond Buyer;4/10/2006, Vol. 356 Issue 32357, p28
Trade Publication
The article reports on the privatization of the 'Main Street' in New Jersey. The proposed privatization will generate a sale of stocks of up to $ 1 billion. In 2004, the revenue collected from toll avenues amounted to $716 million with a total revenues for the year of $829 million. The New Jersey Turnpike Authority was rated by Moody's Investors Service of A3, Standard & Poor's grade of A and Fitch Ratings rated it A.


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