The Illinois State Toll Highway Authority (ISTHA) was established in 1953 and is headquartered in Downers Grove, Illinois. Its primary purpose is to construct and maintain the tollway system throughout the state, facilitating efficient transportation for both commuters and commercial traffic. The Authority operates a network of interstate highways that generate revenue through toll collections, providing essential infrastructure for the region's economic growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ILSTRN 5.85% 2034-12-01 USDIllinois State Toll Highway Authority | United States | 2034-12-01 | 5.851 | 5.22 |
| ILSTRN 6.18% 2034-01-01 USDIllinois State Toll Highway Authority | United States | 2034-01-01 | 6.184 | 5.08 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Historically, ISTHA began issuing bonds in the mid-1980s to finance construction and maintenance of its tollways, with significant issuances occurring in 2005 and 2011 for capital improvement projects. Currently, the Authority's bonds are rated highly within the industry, reflecting strong credit quality, with yields that remain competitive relative to peers. Notably, in 2022, ISTHA introduced the first green bonds aimed at funding environmentally sustainable projects, illustrating its commitment to modern financing approaches while addressing infrastructure demands.