Indiana Receives $3.8B Wire Transfer As Toll Road Lease Finally Takes Effect

Carvlin, Elizabeth
June 2006
Bond Buyer;6/30/2006, Vol. 356 Issue 32414, p56
Trade Publication
The article provides updates on the lease agreement between Indiana government and the international consortium of Macquarie Infrastructure Group and Cintra Concesiones de Infraestructuras de Transporte SA. Indiana received $3.806 billion for the 75-year lease of the Indiana Tool Road. The consortium formed ITR Concession Co., a subsidiary, which took over management of the 157-mile toll road.


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