Indiana raises bonds for Ohio Bridges

6 March 2013 Indiana is to launch $641m of private activity bonds to help it fund its portion of the $2.6bn Ohio River Bridges project.
The Indiana Finance Authority is bringing the bonds to market seeking private investors to raise the money required for the scheme.

The state is procuring its part of the scheme – a joint procurement with Ohio – via a P3.

Money raised by the bonds will be provided to preferred bidder WVB East End Partners to fund the project.

Earlier this month, the Indiana Department of Transportation confirmed that the deal will be signed by the end of March.

This page was last updated on:
28 October 2014.

thumb

Stuck in the past

Eighty-five years to the day since the event that triggered the Wall Street Crash and the Great Depression, the global economy is far from secure

thumb

Give it a Year

There are a lot of personal and professional milestones for WSP director Gary McCarthy over the next few months. As he tells Amanda Nicholls, coping with change is what his career has been built on

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...