FBCTRAFort Bend County Toll Road Authority (Sugar Land, Texas)
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Chicago: Fitch Ratings has affirmed the 'A+' rating on Fort Bend County, TX's approximately $137.3 million senior lien toll road revenue bonds issued on behalf of the Fort Bend County Toll Road Authority (FBCTRA or the authority).
FBCTRA demonstrates greater pricing power and more robust coverage levels than RMA, but weaker volume due to its more limited catchment area.
RMTA's peer group consists of similarly-sized expressway systems including Fort Bend County Toll Road Authority (FBCTRA; A+/Stable) and South Jersey Transportation Authority (SJTA; BBB+/BBB-/Stable).