Investor Information

VIDEO: The Toll Roads: 20 Years of Service

The Toll Roads were built with virtually no taxpayer dollars. They are primarily funded through the sale of bonds to private and institutional investors, supplemented with development fees. All toll and fee revenues go toward retiring the debt, funding additional improvements and covering costs to operate toll collection. Nonrecourse revenue bonds were sold, so taxpayers and the member agencies are not responsible for repaying the debt.

View The Toll Roads Financial Snapshot for current statistics on traffic, revenue and account growth.

August 20, 2018 – S&P Global Ratings Upgrades Foothill/Eastern Transportation Corridor Agency Senior-Lien Bonds Three Levels to “A-.” Click here to read the full press release.

August 2, 2018 – 73 Toll Road Bonds Upgraded to “A-” By S&P Global Ratings. Click here to read the full press release.

April 19, 2018 - To view the presentation to JP Morgan Public Finance Transportation & Utility Investor Forum click here.

October 12, 2017 – The Transportation Corridor Agencies are pleased to announce the publication of the fiscal year 2017 audited financial statements for the Foothill/Eastern Transportation Corridor Agency and the San Joaquin Hills Transportation Corridor Agency.  The Agencies are pleased to report solid financial health and continued growth in transactions and toll revenues, reflecting The Toll Roads’ value to Orange County’s vibrant economy and transportation network.  Click here to access the statements.


To view the Independent Registered Municipal Advisor Exemption Statement, click here.

Past Investor Relations News

Title Published Date
Transportation Corridor Agencies Approve 2017 Budgets June 9, 2016
Approved Refinancing Plan Will Stabilize Long-Term Debt Structure for 73 Toll Road October 9, 2015
Transportation Corridor Agencies Approve 2016 Budgets June 12, 2015
$1.4 Billion Refinancing Improves Long-Term Debt Structure for the 73 Toll Road October 22, 2014
San Joaquin Hills Transportation Corridor Agency Approves Tender Offer October 10, 2014
73 Toll Road Refinancing Plan Receives Investment Grade Ratings From Standard & Poor’s and Fitch October 8, 2014
San Joaquin Hills Transportation Corridor Agency Approves Consent Solicitations September 22, 2014
$2.3 Billion In Bonds Refinanced by Foothill/Eastern Transportation Corridor Agency December 16, 2013
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