TITLE

Fitch: Better Forecasts, More flexibility Will Stabilize Toll Roads

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/19/2006, Vol. 356 Issue 32363, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the account of Fitch Ratings Inc. regarding the solvency of independent toll road projects in the U.S. Attainment of estimated traffic and revenue numbers is the biggest issue of the older toll road projects. Future toll road financings can utilize flexible repayment structures if revenue is lower than expected. This allows the prepayment of debt.
ACCESSION #
20597494

 

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