October 27, 2017 — Fitch Ratings has published a presale report on the Virginia Small Business Financing Authority’s debt issuance on behalf of I-66 Express Mobility Partners, LLC. Fitch expects to assign a ‘BBB’ rating to the proposed debt described below:
- $737 million senior private activity bonds (PABs);
- $1.2 billion subordinate TIFIA Loan (TIFIA).
The bonds are expected to sell next month. Additional details are available in a press release published [on October 24, 2017] (“Fitch Expects to Rate I-66 Express Mobility Partners’ TIFIA Loan & PABs ‘BBB(EXP)’; Outlook Stable”).
Media Contact: Sandro Scenga
Additional information is available on www.fitchratings.com