Grand Parkway Transportation Corporation
CUSIP *****
- Issue Currency: United States of America Dollars
- Announcement Date: 16-Dec-2016
- News: On November 30, 2016, the Corporation priced, and on December 7, 2016, the Corporation issued, its $83,775,000 Subordinate Tier Toll Revenue Refunding Bonds, Series 2016 (TELA Supported) (Series 2016 Bonds) to refund its $83,550,000 Subordinate Tier Toll Revenue Refunding Bonds, Series 2014B (TELA Supported) which were redeemed on December 7, 2016. The Series 2016 Bonds were privately placed with Banc of America Preferred Funding Corporation. Interest is payable commencing April 1, 2017, and each April 1 and October 1 thereafter and at maturity. The Series 2016 Bonds mature on October 2, 2023 and bear interest at 2.20% except during any period the taxable rate or default rate may be applicable. The Series 2016 Bonds are not subject to redemption prior to maturity. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 11-Apr-2017
- News: Fitch Ratings has upgraded the ratings on the following toll-supported revenue bonds of regional authorities in Texas based on the enhancement provided by toll equity loan agreements (TELA) between the issuer and the Texas Department of Transportation (TxDOT): --$1.777 billion in Grand Parkway Transportation Corporation (GPTC) Grand Parkway System toll revenue bonds, series 2013B and 2013E, to `AA` from `AA-`; --$1.378 billion in North Texas Tollway Authority (NTTA) special project system revenue bonds, series 2011A-E, to `AA` from `AA-`. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 11-Apr-2017
- News: Fitch Ratings has upgraded the ratings on the following toll-supported revenue bonds of regional authorities in Texas based on the enhancement provided by toll equity loan agreements (TELA) between the issuer and the Texas Department of Transportation (TxDOT): --$1.777 billion in Grand Parkway Transportation Corporation (GPTC) Grand Parkway System toll revenue bonds, series 2013B and 2013E, to `AA` from `AA-`; --$1.378 billion in North Texas Tollway Authority (NTTA) special project system revenue bonds, series 2011A-E, to `AA` from `AA-`. For Bond Document please visit www.BondPDF.com
