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The double-A rated toll agency has two new money toll revenue bond deals on tap for 2023, totaling $900 million.
December 27 -
The state's benchmark debt ratio for debt service to revenue is at 3.78% — well below a 6% target and 7% limit.
December 21 -
The Oklahoma Supreme Court will determine if bonds to initially fund a turnpike extension project are valid under state law.
December 14 -
Entering into long-term leases for toll lanes in urban areas would free up transportation dollars for rural areas, said Gov. Bill Lee.
December 5 -
The ruling marks the first major defeat for OTA in lawsuits seeking to derail its plan for a $5 billion, bond-financed extension project.
December 2 -
Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.
November 21 -
Property owners in the path of a $5 billion highway extension and the Oklahoma Turnpike Authority are fighting over whether state statutes allow for the issuance of bonds for the project.
November 21 -
Fitch Ratings revised its outlook to stable from negative on BATA's AA-minus subordinate debt, retaining its stable outlook on AA-rated senior debt.
November 15 -
Proceeds are destined for improvement projects across the 290 miles of roadway that make up the New Jersey Turnpike and Garden State Parkway.
October 28 -
The credit outlook on individual credits in Florida is mixed as the first reports of damage from the hurricane start filtering in.
October 12