Operator of Texas toll road with 85 mph speed limit emerges from bankruptcy
*Clarification appended. The firm that oversees a stretch of highway with the country’s fastest speed limit says it is on better financial footing and under new ownership. The SH 130 Concession Company, which operates a 41-mile stretch of the State Highway 130 toll road from Mustang Ridge to Seguin, announced Wednesday that it has exited bankruptcy a year after filing for it, while removing over a billion dollars in debt and attracting $260 million in new financing.Via Texas Tribune
The post Operator of Texas toll road with 85 mph speed limit emerges from bankruptcy appeared first on Community Impact Newspaper.
Source: Community Impact- Round Rock