The North Texas Tollway Authority (NTTA), established in 2001 and headquartered in Plano, Texas, serves as a regional toll operator dedicated to enhancing mobility through the development of affordable and efficient toll road systems in North Texas. The agency manages and operates several major toll routes including the Sam Rayburn Tollway and the Dallas North Tollway, providing critical infrastructure that supports economic growth and traffic relief.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NRTTRN 6.72% 2049-01-01 USDNorth Texas Tollway Authority | United States | 2049-01-01 | 6.718 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, NTTA has actively engaged in the bond market to finance its toll road projects, with its first bond issuance occurring shortly after its founding. Notably, NTTA's largest bond offering took place in 2018, totaling over $660 million for the expansion of its existing toll road networks. Current bond yields are competitive within the toll authority sector, reflecting strong demand from investors. Additionally, NTTA bonds often come with unique features such as a dedicated revenue stream from toll collections, ensuring a level of security attractive to retail investors.