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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers
Direct Cash Support: $650 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan.
From Other Public Entities: $400 million dollars in Private Activity Bonds authorized by US Congress to be sold for projects authorized by US DOT.
From Private Capital Markets Directly to Producers as Debt: Proposal indicates that approximately $1.6Billion will be borrowed as debt by the concessionaire, in addition to the $400 million in Private Activity Bonds described above.
From Producers as Equity: Proposal indicates that approximately $830 million will be contributed as equity by partners within the developer's team.
Rated by Standard & Poors
Rated by Fitch: BBB-minus
Rated by Moody's: Baa3