Virginia DOT, Transurban Agree to Pocahontas Parkway Concession

Sanchez, Humberto
May 2006
Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p39
Trade Publication
The article reports on the concession deal agreement between Transurban Group and the Virginia Department of Transportation in which Transurban will bear an amount in exchange for taking over the Pocahontas Parkway. The proposal stated the liability of Transurban to pay the amount of bonds issued by the Pocahontas Parkway Association and a repayment of a loan to the state infrastructure bank and a loan from the state.


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