North Tarrant Express bonds to price in mid-Dec

Infrastructure Journal reported that senior lien system revenue bonds for the North Tarrant Express managed lanes project in Texas are expected to price in mid-December, following ratings from Fitch and Moody's.  Financing for the Texas Department of Transportation (TxDOT) project includes $400 million in senior lien revenue bonds issued by the Texas Private Activity Bond (PAB) Surface Transportation Corporation and a $650 million TIFIA (Transportation Infrastructure Finance and Innovation Act) loan.  Nossaman is mentioned as the legal advisor to the TxDOT.