Insight
NTE Mobility Partners Segments 3 LLC US$221M Senior Financing Transaction
Insight
NTE Mobility Partners Segments 3 LLC US$221M Senior Financing Transaction
March 31, 2023
Winston & Strawn LLP represented NTE Mobility Partners Segments 3 LLC (NTE3), the concession company operating, maintaining, and collecting tolls on the North Tarrant Express Segments 3A, 3B, and 3C Facility in Fort Worth, Texas (the Project), in connection with a US$221M senior financing transaction. NTE3 will issue a series of senior lien bonds, the proceeds of which will be applied to repay a portion of existing debt related to the construction of the Project.