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Tag Archives: SR91

OCTA 91 Express Lanes Bonds Get 2 A’s from S&P

Posted in Financing, Tollroads/ Turnpikes/ Managed Lanes

In an historic move, Standard & Poor’s upgraded the Orange County Transportation Agency SR91 Express Lanes Toll Revenue Bonds to “AA-”, making it one the highest rated managed lanes projects in the world.  The bonds were issued last year to refund bonds that were issued in 2003 when OCTA acquired the SR91 Express Lanes project… Continue Reading

Riverside County Transportation Commission Closes on Billion Dollar Finance Plan for the SR-91 Project

Posted in Tollroads/ Turnpikes/ Managed Lanes

Commuters using the heavily congested SR-91 corridor between Riverside and Orange County in Southern California can enjoy an early July 4th celebration—on July 3, 2013, the Riverside County Transportation Commission closed on a billion dollars of financing for the SR-91 project which will provide needed relief of congestion in the corridor when the project is… Continue Reading