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As traffic lags, Texas 130 tollway debt rating lowered again

By October 22, 2013 July 30th, 2014 No Comments

Moody’s Investors Service, saying that traffic remains well below forecast levels on the privately operated section of Texas 130 and that reserve funds are quickly depleting, has once again lowered the rating for the $1.18 billion of debt owed by the road’s operators.

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