News
28 July 2017

Financial close on I-395 Express Lanes project

In:
Transport
Region:
Americas

Transurban has reached financial close on the $475 million I-395 Express Lanes project in the US. The project debt comprises $233 million in private activity bonds (PABs) and a $45 million loan from the Virginia Transportation Infrastructure Bank priced at 3.6%. The PABs have a 5%...

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