Moody's, Fitch Evaluating Impact of Boston Tunnel Closure on MassPike

Kaske, Michelle
July 2006
Bond Buyer;7/17/2006, Vol. 357 Issue 32424, p38
Trade Publication
The article reports on Fitch Ratings and Moody's Investors Service's review of the financial implications of the closure of Interstate 90 tunnel in Boston, Massachusetts, and the suspension of toll revenue collection at the Ted Williams Tunnel, which is part of the Central Artery Tunnel Project. Fitch analyst Scott Trommer explained that the review concerns two issues. These are deferred or lost toll revenues and consequent potential liabilities that may be incurred by the Massachusetts Turnpike Authority, and construction issues resulting from the closure of the I-90 connector.


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