Report: SH 130 Toll Road Company in Danger of Default

Editor's note: This story has been updated to include a response from the SH 130 Concession Company.

The company behind a privately operated Texas toll road that sports the country’s fastest speed limit is dangerously close to defaulting on its debt, according to a credit rating agency.

According to a report released this week by Moody’s Investors Service, the SH 130 Concession Company, which operates the 41-mile southern portion of State Highway 130, is low on cash and scrambling to get an upcoming payment deadline waived, 

The private consortium behind the project owes more than $1 billion ...

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