Mayer Brown, Nossaman Seal $677M Ohio River Bridge Bonds

Law360, New York (April 1, 2013, 3:57 PM EDT) -- A consortium of three infrastructure companies on Thursday closed a $677 million issuance of private activity bonds — the biggest ever for a road, rail or bridge project — to push a long-awaited Ohio River bridge across the financial finish line.

The Indiana Finance Authority issued the tax-exempt bonds on behalf of WVB East End Partners LLC, the private development group behind the East End Crossing, which will span the Ohio River between Louisville, Ky., and southern Indiana. It is one of three bridges planned for...
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