Presale Report: ITR Concession Co. LLC - S&P Global Ratings’ Credit Research

Presale Report: ITR Concession Co. LLC

Presale Report: ITR Concession Co. LLC - S&P Global Ratings’ Credit Research
Presale Report: ITR Concession Co. LLC
Published Jun 18, 2015
18 pages (6770 words) — Published Jun 18, 2015
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

ITR Concession Co. LLC (ITRCC, or the project), under a public-private transportation concession and lease agreement with the Indiana Finance Authority (IFA), will collect tolls and maintain the Indiana Toll Road (ITR) for the remaining life of the concession (about 66 years). ITR is a 157-mile toll road that links the Chicago Skyway in the west to the Ohio Turnpike in the east. The route has 21 toll plazas and 10 travel plazas that are currently operational. The project will self-perform all maintenance and will rely solely on toll revenues to service debt and maintenance. The project is 100% owned by IFM Global Infrastructure Fund (IFM). On May 27, 2015, the project issued a $1.269 billion acquisition term loan facility

  
Brief Excerpt:

...ITR Concession Co. LLC (ITRCC, or the project), under a public-private transportation concession and lease agreement with the Indiana Finance...

  
Report Type:

Full Report

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Global Issuers
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Presale Report: ITR Concession Co. LLC" Jun 18, 2015. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Presale-Report-ITR-Concession-Co-LLC-1406026>
  
APA:
S&P Global Ratings’ Credit Research. (). Presale Report: ITR Concession Co. LLC Jun 18, 2015. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Presale-Report-ITR-Concession-Co-LLC-1406026>
  
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