Fitch on TIFIA Loans for TxDOT’s I-35E Toll Lanes Project

Fitch Ratings “has assigned a rating of ‘BBB’ to a $285 million subordinated loan granted under the Transportation Infrastructure Finance and Innovation Act (TIFIA), entered into by the Texas Transportation Commission. . . . The Rating Outlook is Stable.” The loan provides funds for TxDOT’s I-35E toll lanes project.