Illinois Tollway Issues $500 Million in Revenue Bonds

DOWNERS GROVE — The Illinois Tollway issued $500 million in senior revenue bonds to support its Move Illinois capital program, with proceeds directed to work on the Central Tri State Tollway and the new I-490 Tollway. The agency has issued $5.3 billion of the $6.3 billion in planned bonds for the program, which is funded through toll revenue, and the new bonds received AA minus and Aa3 ratings from major credit agencies.